After pin-tacking at least one of your favourite stations, you will see those stations listed on the left navigation panel (as shown to the left). You can also delete favourites by using the "Manage Favourites" screen, accessible from the user actions panel.
You will still receive email alerts for each item in your favourites list, and in the future you will be able to do easier comparison graphing and reporting based on the stations in your favourites list.
