I didn't have any real use cases in mind when I made it, I just wanted to see if it was possible.
In theory you could use it to demonstrate the underlying Markdown for some HTML, but unfortunately I haven't been able to figure out how to make the CSS ::before and ::after content user-selectable[0], so you wouldn't be able to copy it back out to make a simple HTML-to-Markdown converter.
the table stuff doesnt work too well either, understandably. if you actually want to do conversion though, check out reMarked.js [1], disclaimer: mine. it's not too heavy, either.
I often find myself using http://markdown-here.com/ to compose an email, and then wanting to get back at the source to send another, slightly modified email, or to insert into a README.md.
This will make my life a lot easier. Just need to package it up into a nice browser toolbar button.
I was thinking that this could be useful for giving people markdown to copy directly, but css:before and after doesn't get copied.
I'm so gonna use this _somewhere_, just not sure where.