Moxy can be used to adjust overall daily load (but not in TSS) based on your current recovery.
I use my warm-up to check how recovered my system is. If you have 2 devices, you can place one on involved muscle eg RF or VL to monitor your muscle recruitment, you can also place one on not involved muscle eg. Deltoid to check your systemic reactions. After a while you will be able to analyze trends and quickly see how big of a dent last night hard cardio session did to your legs and overall system.
If used properly it can really maximize the efficiency of sessions: recovery length between intervals, working on weakest link not the strongest link etc…
How does it different from power meter? Power meter measure performance, NIRS displays physical changes happening in real time. Riding 300W in 10C in dry environment, will affect your body differently from riding 300w in 30C humid weather. Looking at power you will say: I was going 300W and not much more, when looking at Smo2/tHb you will be able to see how change in weather affects eg. your Oxygen–hemoglobin dissociation curve.
Let’s say you set your trainer at 75% of FTP and cycle for 10 min next you change the position from bars to drops for another 10 min, next you go off the saddle for 10 min. when you look at the power meter data graph you will not be able to say when you did what, it will be flat line for 15min at 200W. After looking at smo2/tHb you will be able to see how your body responds to those changes, depending on your strengths and weaknesses the graph may look different from my graph.
I recently went back to train on my TT bike, my FTP power is different on TT and road bike. When I ride eg. 230W it feels harder on TT bike, by looking at power I do not see why it feels harder, when I look at the smo2/thb I clearly see my position limits my diaphragm breathing and I’m desaturating much lower making it harder.
Since this is still fairly new technology, there is no cook book for mases yet, it is used for customized personalized training and it is quite effective in identifying weaknesses and strengths.
I guess once someone with proper skill set decides to create “cool book” that is easily understood by average athlete, which is not that easy, this will be the next big thing.