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[quote]if you made a suit out of this stuff, and were somehow able to rig it so that all of the heat is dumped inside the suit, then it would be "invisible" to IR sensors. However, it would get really uncomfortable inside that suit really fast.[/quote]

That gave me an idea... if it were possible to make a sphere that had this coating on the outside and dumped the heat to the inside, you'd have a great heat source for a Stirling engine. This could work exceptionally well in space if you can use the light-absorbing sphere oriented so that it shaded the cool side of your engine, thus maximizing the temperature difference.

But if it absorbs IR and irradiates a considerable amount of heat at the same time, wouldn't it be considered a lousy, lousy IR absorbent?

Infrared is not all the same. For one thing the frequency depends on the temperature.

But more importantly it absorbs infrared light, and converts it to heat. Heat and light are not the same thing! True, hot things emit light, but that doesn't make them the same thing.

Most practically you can cool the device once the energy is heat. Or just dilute it in a heatsink.

On that note, it sounds like you could make a really good heat ex-changer with this stuff. I wonder if this would make for improvements in fields like refrigeration and energy production.

Indeed. In fact, if this low albedo extends over such a wide range in wavelength, this material might be as close to the theoretical concept of a "blackbody" we have seen.