Exactly what I was thinking. This is the third recent post to HN using "real-time" in this fashion. They're hijacking a term which already has widespread use and which, "doesn't mean what they think it does," to hijack a line from Princess Bride.
Didn't we call websites that update without a manual page reload "AJAX" just a few minutes ago? And yes, even if there's no XML present, but at least it's an abuse of a pretty new, web-specific term.
I propose we call all that stuff "FEFYOM" (Fast Enough For You Old Man) from now on.
You know those journalist pages where they report what's happening at an event with immediate updates? It's called "live updating". Why don't we use that term? TV news stations say "LIVE" when it's current events happening now. "Real time" as used for this Ajax technique means that the page is auto-updating with events happening now. That's "live". Any seconders?
Sure, anything using the Internet as a conduit, and having to scale to an unpredictable number of users, is incapable of a realtime-guarantee in the technical sense but in terms of user perception it will be real-time in normal conditions. Realtime-y. ;)
http://en.wikipedia.org/wiki/Real-time_computing