A focal point is not much use at all, since it is not a constant point... maybe useful for burning ants, but that's about it. The location of the focal *planes*, however, are of use- they give you an idea of the magnification of an object, for example. They also help determine the numerical aperture, which sets the resolving power of the lens.
All lenses/lens systems have 6 planes of interest: 2 focal planes, 2 pupil planes, and 2 nodal planes. The optical field at the pupil and focal planes are related via a Fourier transform. Telecentric lenses place one or both of the pupil planes at infinity.
One common misconception I see is that the focal distance is confused with the working distance- that is, the assumption is made that a lens with a 200 mm front focal length needs to be 200 mm from an object to correctly focus it.