For example, if you had 1.79658246 in your Slush balance, you would only receive 1.79 BTC.
Possibility to send full amount thru bitcoin network is pretty new, not everyone has newest client, so I simply didn't turn on full payouts yet. But technically there's no reason to cut payouts to two decimal places.
Edit: pool now pays out full BTC amount, so this discussion is slightly outdated now.