“There is still no option to manually re-install all, or a select portion, of your apps, which would go a long way to building in the same functionality for non-root users as Titanium Backup does for root users.”
So this means Android is just one step away from replacing a key use of Titanium Backup. I’m certain they will add the functionality to select a bunch of apps at a time from your ‘All Apps’ screen and batch reinstall all of them with one-click.
This is in general what Android should be doing… finding the best features in important apps and absorbing them into the native Android builds.