Yes sir!! It is way cool!!!!
Ok, so how do I get it to work with Safari? I think I would use this a lot. I will often be looking for some quick info on my iPhone and then decide I want to read some more in depth info. The small screen doesn't cut it for this so I will try to find the same site on the iPad.
On Apple.com, in the iOS 8 what's new section it says it should automatically work as long as both devices are logged into the same iCloud account. It says you can automatically bring up the same link. I just tested this with the apple.com page I was reading and don't see how to bring it up on the iPad.
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Edit: It's not quite as automatic as they made it sound but I figured it out. Basically you hit the share button like you would if you wanted to post a website to Facebook or copy the link. When I did that my iPad showed up as a device under the airdrop section. Tap there and wait for a prompt to pop up on your iPad. Tap that prompt and you are viewing the same page. That's not exactly how I thought it would work but much easier than the way I used to do it.