Hi Dr.,
I've been using z-wave in my home for about 2 years and have specified the product for clients in my lighting business. Let me give you a few practical applications:
#1) Z-wave controllers (by TE & Intermatic) have astronomical timers that adjust with the changing times of the setting sun. This 'sunset' feature is extremely helpful with all outdoor and most indoor lighting applications. This saves $$ on your electric bill and saves time in maintaining multiple timers around the house.
#2) Z-wave controllers have 'scene' capabilities (my favorite) which allows you to preset the dim level on any light so that it automatically comes on to that "sexy-cool" light level that you like. No more running around the house to individually set each dimmer or climb behind plants or entertainment centers to turn on plant lights or cabinet lights or even pool/spa lights. Everything comes on exactly the way you set it and goes off any time you like. TE software has unlimited on/off events and Intermatic #HA07 has 27 possible events for each day. One controller can unify all the lights in your apartment or home. Now, any light can become a night-light for safe access to the bathroom or kitchen. The HA07 even has what I call the panic button or ALL ON button and an ALL OFF button to turn everything on if you hear an intruder or to shut the house down from your bedroom nightstand. TE can automate this feature with the use of addressable z-wave motion sensors that you can place anywhere you like (not just next to the light fixture as with most motion products). This feature can tie-in with your security system quite nicely.
#3) Leviton makes wall switch 4scene button controllers that you can program 'one touch scenes' from any convenient wall switch location. This makes events such as "sunset," "dinner time," "tv time," "bed time," "etc." easily managed from a single wall switch (and/or pre-programmed using TE software, Leviton's controller, or the HA07 controller, to name a few).
#4) Home entertainment systems can now blend audio/video functions with dimmable lighting and/or drapery opening/closing at the touch of a button with the many remote controls available now (ie. iphone, Logitek Harmony, Monster, and more).
I hope you can relate to some of these practical suggestions.
Teddy