So yes, it is completely irrelevant for most purposes to you. I suppose it might be nice to run some sort of semantic analysis that notes that someone writes depressing drippy love poems when it's raining out or something, but I'll be damned if I can figure out why the hell that would be important for me at all. OTOH, flashbake also has a plugin that supports some crude notion of where the commit was written (pretty much gotten from the weather info), which might be more legitimately interesting.
It strikes me that the other twitter/weather stuff is redundant in the face of the timestamps and geotags...
Other than that, the concept seems pretty flawed - git is useful when you manually commit at the end of a chunk of writing, and again after an edit/change. Wrangling with commits made at preset intervals - when you're likely in the middle of a paragraph - seems like it would be a nightmare, and next to useless if you need to revert to an earlier draft.
Yeah, I agree - completely irrelevant. That time better get spent integrating diff-able formats like textile, markdown, even TeX into writers' versioned workflows.