On a typical HHD, under typical circumstances, all writes go to the SSD, and are copied to the HDD later on. So far so good; Apple's solution will do the same thing. And stuff being read gets copied to the SSD in both cases. Also great.
Now, suppose a file is loaded to the SSD and we never write to it. Now the SSD gets full, and the file has to be moved off of the SSD to make room. On a typical HHD, all that happens is the file gets deleted from the SSD. It's still on the HDD, so no further action is necessary. But on Apple's Fusion Drive, this file will have to be copied back to the HDD.
Considering that some of the largest kinds of files (e.g. videos) are exactly the sort of thing you will want to put on the SSD and not modify, this seems like a pretty terrible idea.