Yes, this is actually an online temporary paste bin - it allows you to have a temporary place to store all your code and text. Sure pretty useful in the past where the clip-board in your system or your software do not allow you to store more than one instant at a time, but nowadays, a lot of these software allow multiple "snipplets" already. But I guess it is useful for those using the older versions and some software which still do not allow that. Oh yes, can be useful if you need to save these snipplets for later reference. Just imagine you have to do numerous codings and you can easily use these "pastes" to copy over. And if you sign up, you can edit and even delete off your old pastes. And it works for iPhone, iPad, WebOS and Android. Now that is very useful. I doubt that these mobile operating systems allow you to keep a list of what you have clipboard.