This is a good use of the design blocks.
As Autodesk continues porting Eagle to Fusion 360, design blocks are not implemented. It is hard to say if they are being abandoned or if they are leveraging the data management engine that Fusion is based off of to accomplish a similar functionality.
In Fusion - I can have a dozen parts being worked on by other engineers anywhere in the world while I am working on the main assembly. Everytime someone updates, I get a notification that I am out of date. I can sync whenever is best for me and if the changes break something, I have the option to revert and notify the person responsible for the change. It is considerably easier than Solidworks PDM for working in teams.
Off topic but: in that situation, I really appreciate how Fusion handles assemblies, but I REALLY wish I could do in-line editing. Especially in the PCB workspace, where you CAN'T have linked designs in the project the PCB is part of.
For instance, I have a PCB that mates to a Jetson TX2 module. I want to make sure none of my components take up Jetson's airspace, which is pretty easy to keep track of, but I still want to 3D model it. I could make my Eagle synced F360 project then link the Jetson in, except that breaks F360 sync. I could make my Eagle F360 project, then link THAT into a SEPARATE project and also link the Jetson in, but then I can't edit the Eagle side in the context of the Jetson. For instance, say I have one component under the jetson that needs to not be - I can't nudge that component in F360 JUST out of the way, unless I calculate the move in the assembly, open the board-only project, make the move, "update" in the assembly, and check. Cumbersome.
My specific example isn't perfect because in the case of the Jetson, which I can't control or change, I can just "unlink" that embedded component, then everything is happy and fine. But, for instance, inserting components from McMaster still breaks the workflow, so I guess my gripe holds.
But you can imagine how annoying it'd be especially in the context of a project with many components, or ESPECIALLY a project with many boards.