Disregard that useless “sticky” posting. The current API docs are here:
http://www.blender.org/documentation/blender_python_api_2_64_9/.
I’m not sure if the BMesh explanation is sufficiently detailed yet; it may be helpful to refer to the design rationale here:
http://wiki.blender.org/index.php/Dev:2.6/Source/Modeling/BMesh/Design.
Well, the sticky posting says:
http://www.blender.org/documentation/250PythonDoc/
and it redirects to the URL you posted... So what's wrong with it?
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I'm sitting, waiting, wishing, building Blender in superstition...