First - WoW Exploit Community 2012 recommendations!
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Basically, this works for any item that has a cooldown. You know how when you click a CD item it brings up the AoE green circle/ring? What you have to do is put the item on your action bar and as SOON as you click the targeted area, press the item again on the action bar (e.g. 1). The AoE ring should be up again and you can click on the area a second time.
Where would this be useful?
First thing that comes to mind is quests. The skettis quest where you have to bomb the eggs. Makes it that much faster being able to bomb the whole tree instead of section by section, waiting for the CD.
Throughout the game I’ve used this on many different items, so it will come handy when you find an item you can use it on.