There's another nuanced advantage to this kind of tool, however: the ability to perform "reproducible" analysis.
With an excel spreadsheet, the person doing the analysis typically pulls in some data (usually by copy/paste), and then performs a series of manipulations on it. These manipulations are NOT recorded. A the end of the analysis the author sends the spreadsheet in an email or maybe copies the spreadsheet into the body of an email. Recipients, if they're going to evaluate the analysis have a lot of work to do over and aren't necessarily able to determine what, exactly, was done to the data.
Something like this puts everything into a console, javascript libraries, and tables-- as long as the author manipulates data from the console and the functions, it should be possible for someone to follow what was done to the data, reproduce results, and go further with the analysis.
There's another nuanced advantage to this kind of tool, however: the ability to perform "reproducible" analysis.
With an excel spreadsheet, the person doing the analysis typically pulls in some data (usually by copy/paste), and then performs a series of manipulations on it. These manipulations are NOT recorded. A the end of the analysis the author sends the spreadsheet in an email or maybe copies the spreadsheet into the body of an email. Recipients, if they're going to evaluate the analysis have a lot of work to do over and aren't necessarily able to determine what, exactly, was done to the data.
Something like this puts everything into a console, javascript libraries, and tables-- as long as the author manipulates data from the console and the functions, it should be possible for someone to follow what was done to the data, reproduce results, and go further with the analysis.