[vmind]

Well yes, it's not ideal for all development, but you professed a need for smaller filesize, which it's ideal for. Naming conventions can alleviate most of the variable issues, it's just another way to solve the problem that has some advantages and disadvantages.

(I don't use it myself, due to the current project being too large, so I use require.js in conjunction with amdclean which removes a lot of the module loader overheads.)