My boss sent me to a month long Solaris class, which I am about 3/4 finished with now, so I'm loaded up with fresh ZFS knowledge. This announcement has me really excited! It could make a Mac Pro the ULTIMATE content creation workstation.
Consider this: If Apple implements ZFS to it's full potential, you could load four hard drives into a Mac Pro and configure them as a RAIDz pool. In this configuration, you get MUCH faster disk i/o. If one of your drives fails, your data remains intact. Just install a new one and let it rebuild itself.
For those of you that are concerned about keeping the OS and applications separate from your media files, simply partition the pool into a small volume for the OS and applications and a gigantic volume for your media files. You can reformat the small partition at will and reinstall the OS (or restore a backup image of your OS and applications) onto that small partition while leaving your media partition intact. This makes it easy and stress free to test software without fear of losing your digital assets.
It gets better: What happens if you manage to run out of space? Don't panic. Remove one of the drives, and install a bigger one (by the time you fill up that massive volume, a much bigger drive will be inexpensive). The system automatically syncs the new drive. After it's done, replace one of the other three. Continue this cycle until the last drive is sync'd, and you're done. No backing up to external drives or dvd's or anything like that--It just works.
I hope this isn't just a rumor.