GCC has this also; this work is different because it removes the type errors. Instead of having an error like "%d expects a parameter of type int, not char ", it just lets %d print the string anyway. It's more like format* in Lisp, say:
[1]> (format t "~05,'0d" 5)
00005
NIL
[2]> (format t "~05,'0d" "abc")
00abc
NIL
Here ~d (decimal) doesn't care that it didn't get an integer.