@edgarblythe,
we use fossil species to provide information of sedimentation rates and time. We like fossils that demonstrate wide geographic areas and brief time periods of their existence. So extending the ranges and times of Burgess -like fossils help us understand the points where continents joined before the last breakup.
A Lazarus Species is one that actually is living today . like the Coelocanth. I wouldnt really call a Burgess Fossil that happens to occur in the early Ordovician as "Lazarutian". Id more call it an "index fossil " of the Cambro=Ordovician period and see whether theres not a connection in C/O resource "plays"
All these findings have applications in the real world