Bugwd makes bug IDs easier to remember and to share out loud (in a meeting or phone call, for example) by replacing numeric IDs with a sequence of words.
The word sequences are generated by Oren Tirosh's mnemonic encoder.
Bugwd is currently hard-coded to link to bugs on bugzilla.mozilla.org. (I'll extend it to work with other sites soon.) To see it in action, go to bugwd.com and paste a bug number or a bugzilla link, then copy and share the bugwd.com link that it generates.