different folks believe it useful for different things, and at different times. i think i've seen canova, for example, write: useful after track reps, but not so much after a tempo.
one thing i've pondered over the last couple years is related to something i think i've seen daniels mention, but not explore very much, is the following. i used to run with several professional tennis and squash players. a "favorite part" of training for them involved, after a long training session, just cranking on the ball as hard as possible with a training partner, keeping it in play, for 8 to 10 minutes, until the arm just became jelly. they'd then spend anywhere from 15-30 minutes just "grooving" their strokes--hitting "slowly but freely and loosely." they all swore that the 10 minutes of cranking was essential to getting this right; something about that level of fatigue of the arm allowed them to develop some new kind of unconscious, automatic, neuromuscular awareness or kinesthesia (paraphrased roughly and borrowing from the great DFW).
any possibility we get a similar effect? we're obviously not running at race pace, and so not necessarily grooving that stride, but apparently those guys weren't hitting, or moving, at anywhere close to match play pace either. i wonder if there's something about repeating the basic, even if not exact, shape of the movement in a state of extreme fatigue that's extremely beneficial, both physically and neurologically?
(on a related note, i think i saw steve magness attempt to hypothesize the simpler, narrower idea of developing better economy while fatigued at one point, although he mixed about seven ideas and was incredibly inarticulate about it, so who knows what he was actually saying).