"The (evil?) IRC overlord and crew are wondering what you think about our new IRC network. What can we do better? What do you want to see happen with our new network? Heck, should we even have a new network?
See more in Landon's journal"
It is being useful for development teams that negotiate on the fly and are working simultaneously on a project such as code development and testing a live environment. It's also going to be useful for moderated live chat with, say, some kind of developer or someone that SN wants to present as an event. It is also a good place for people to chill and chat. So it's not a complete waste of time.