In my previous e-mail about Event Bubbling I focused on the fact that 
the change would require changes to extensions or apps using the iUI 
event mechanism, but I didn't really explain why it is a GOOD thing.  (I 
did mention that it removed a bunch of code from extensions, which is 
definitely a good thing.)
It's really a key fix to one of the mian features of the 0.4 roadmap -- 
extension support.  Without it, every extension must use afterInsert to 
add listeners for every node that is AJAXed in.  With it all extensions 
apply to all AJAX-inserted nodes automatically.
It is similar in concept to the jQuery .delegate() method:
http://api.jquery.com/delegate/
(or the older jquery .live() method)
Ever since I learned about those, I had a nagging feeling we were (I 
was) doing this wrong.  And now I'm embarrassed it took so long for me 
(or anyone else) to discover or implement it.
I started thinking about it again when we removed querySelectorAll() for 
getAllViews() and spent a couple hours looking in to it.  Once I saw 
that it worked and how easy it was to do, I knew we needed to get in to 
a  release right away.  Before writing better extension documentation 
and before too many people write extensions based upon 0.4.
It's a huge win.
-- Sean