To help illustrate MetaNav, I’ve created two screencasts:
MetaNav Overview screencast (direct link to full-size version)
Plone Walk-through of MetaNav screencast (direct link to full-size version)
Briefly, this product allows Plone administrators and content-editors to build and maintain an alternate navigation hierarchy for their site, such as in audience-based and topic-based navigation schemes.
For more information and to download latest release, see http://plone.org/products/metanav