I'm going to go with this part:
It can be the front of a plane or something else that looks like the front of a plane.
The rest of the parts in that set seem pretty useful though:
Is your imagination broken dude? I could use that part for *TONS* of different models! Granted, it's gonna be a cockpit, but it doesn't have to be an airplane cockpit... It could be used on a racecar, submarine, spaceship, crane, whatever! (I think I would use it on a monorail - that would be fun!) You could also face it backwards or sideways for a very unique model! It could probably also prove useful somehow in a GBC module. (http://www.greatballcontraption.com/)
Yes, there are many specialized parts nowadays, but the trick is finding new and fun ways to use it.