From my understanding, it is to allow people with lots of dust amounts to "sweep_dust" (sweep_dust is transfer 0 to your own wallet) without incurring *huge* fees that would come with a larger mixin.
edit: by huge fees i mean fees that exceed the sum of the dust amount being sent
In my case 0.9.3 offers me sweeping of 0.2737* dust for a total fee of 0.2
