Tempted as I am to put this reply on the fuel saving thread to balance things out I aint that daft 
Now I havent had chance to read all this thread so will just agree with everything Juddian has posted to be on the safe side.
Now for noobs like the evilnizzmaister one must first picture what the exhaust brake is doing in relation to your outfit, im talking bendys not class poos here, in fact our class ■■■ members may want to tackle indicating first before an advanced topic such as this… 
Right so exhaust brakes and other engine retardation devices reduce the speed of the traction unit only well they dont this is a secondary feature but thats being pedantic, correct use will be down to the individual but as a rule of thumb to drive a large vehicle one must do so in a flowing gracefull manner, useing speed and forward planning to make progress. Saving brakes unless ■■■■■■■ go skyward by operation of the exhaust brake is a natural way to reduce speed and this helps with a plethora of road scenarios. But remember youve still got 3x your unit weight pushing you along so balancing exhaust brake use with service brakes can work wonders. Be wary of excessive ehaust brake use in slippery and icey conditions or at times of instability.
Now my little Renault has 3 settings on the exhaust brake.
Setting 1 kills cruise and is ideal for noshing a bit of speed off due to prevailing conditions, like a merging vehicle, slowing vehicle, creating a bit of space to the vehicle in front etc.
Although its very weak so opening both windows can have a similar affect.
Setting 2 is a bit more beefy and ideal to back her off on gradients to let a fellow sister pass who is bottling it or not quite as heavy.
Setting 3, Now were talking, the speed reduction affect of this is akin to deploying a pair of the wifes under crackers like she lends out for land speed tests. The truck if an auto will also downshift to give full reverse thrust (its not really reverse thrust but thats what I call it).
So in essence correct and appropriate use of of secondary raking devices comes with time and experience, to heavy on it in icy conditions and you could be in the poop.
Remember where safe to do so, save your brakes coz they will save you.
Oh and dont leave the bloody thing on as its a bit embarrasing on roundabouts.
Oh and dont be one of these nob jockeys who put the bloody thing on when manouvering coz it sounds cool.