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As the document describes, this capability provides inbound and outbound access to home and work networks through the firewall. This capability is typically used for games that communicate across the local area network (LAN), and for apps that share data across a variety of local devices. If your app specifies musicLibrary, picturesLibrary, or videosLibrary, you don't need to use this capability to access the corresponding library in a Home Group. On Windows, this capability does not provide access to the Internet.
This is a general-use capability that applies to the most common app scenarios. There should be no security implications if you use the capability normally.
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