AppJet gives you an in-browser editor to edit your processing.js app, you can instantly view the results, and then you can choose a subdomain for your creation.
This is in the spirit of Processing, which itself is all about by-passing unneeded complexity to make cool stuff.
When your non-hacker-but-smart friends come up to you all bright-eyed and say "Hey, a cool graphics gizmo! I want to make one of those!", what do you say? Learn vim? And unix, and web server configuration, and get out your credit card and fill out a long web-form? You must be a hit at parties.
Even (or especially?) for hackers, it's fun to have an environment to play around in without a lot of set-up. Granted, a lot of existing in-browser IDEs don't live up to their potential, but AppJet has a chance to be different in this regard.
As easy-to-use libraries and frameworks like Processing and AppJet catch on, I think they will be of use to a lot of people who don't already have a shell window open to a web server somewhere.