Yep - and since the stated use case is letting you "quickly reference notes in your vault from other places such as hand-written notes." - the second you re-organize or move a note, all those codes scattered across computers and other mediums are permanently invalid with basically no practical means of automating referential shortcode updates so that's "fun".

I'm a very heavy daily user of Obsidian with about 8000+ personal notes organized across a fairly deep nested folder structure and can't envision a situation where I'd need something like this.

Littering my publicly accessible papers / blogs / etc. with highly idiosyncratic Obsidian shortcodes that only I have the means to access seems of limited use.

Hopefully the author will write another post going into specific use-cases for this extension.