Crucial to our intuition (and simple analysis) of the properties of this graph product is the view of expanders as functions which act as "entropy wave" propagators --- they transform probability distributions in which entropy is concentrated in one area to distributions where that concentration is dissipated. In these terms, the graph product affords the constructive interference of two such waves.
A variant of this product can be applied to extractors, giving the first explicit extractors whose seed length depends (poly)logarithmically on only the entropy deficiency of the source (rather than its length) and that extract almost all the entropy of high min-entropy sources. These high min-entropy extractors have several interesting applications, including the first constant-degree explicit expanders which beat the "eigenvalue bound."