Indeed. It's by far best explanation of the concept that I've seen, and it, along with some of Matt Might's posts, helped me gain a deeper appreciation for concepts like Church Encoding, and λ-calculus in general.
A question about the klipse plugin: Does code inside it have access to DOM elements just as javascript running on the console would? Would be a fantastic addition that could really make developing an interactive coding exercise for kids learning about the web a breeze!
To be fair, the article would be more aptly titled "Recursion without function names". In any recursion you need a way to reference the original function somehow. They're using a function parameter to accomplish that via indirection.
In all seriousness, even if the y combinator is practically useless in languages that don't have proper TCO (which is specced for ES7), it's a useful learning tool, is powerfully mind expanding, and can help to demonstrate the power of the λ-calculus.
The full Y combinator is also vastly more mystical and less obvious than the partial step :)