As I understand it, .bind lets you pass a variable to the bound
function, making the "this" within the function refer to the bound
variable...
$('netTween_set').addEvent('click', newTweenSet.bind(newTween));
In this case, newTween is the tween object and newTweenSet is the
function.
Now, inside the function newTweenSet, using "this" will refer to
newTween, letting you write something like this:
var newTweenSet = function() {
this.start('width', '300px');
}
Hope this answers your question.