Yes it does. I have added enough links that touch on that.

https://github.com/emberjs/data

http://emberjs.com/guides/ember-data-lifecycle/

https://speakerdeck.com/tomdale/30 slides for the video below

http://www.youtube.com/watch?v=djhAsWGOImk Tom Dale - Ember-data

https://speakerdeck.com/tchak/ember-data