Instead of doing what seemed like some mumbo-jumbo sarting from a static system, that, eventually and through convoluted ways, lead to the equations we were kind of looking for, here was a clean and logical way to look at what was relevant to the dynamics of the system, with an infaillible, straightforward, mathematical way of getting the equations of motion.
I'm not that familiar with Hamiltonian formulations, but its conservation properties could bring some important improvements to the current way the Navier-Stokes equations are treated. Conservation of linear and angular momentum, for a start, could be nice..
Now, let's see if I understand anything from this paper..