I tried Hop Devil on nitro at Victory and it was so good I went straight home and bought a nitro setup. I have served lots of different styles from that tap and just about everything is good on nitro.
The fluffy creamy head comes from having a low carbonated beer (~1.2 volumes of CO2) served at a high pressure (30-40 psi) through a stout faucet with a restrictor plate, which has tiny holes that break the little bit of CO2 out of solution and into a very fine froth. The blended gas lets you keep the high pressure without overcarbing the beer, since nitrogen wont dissolve into beer at our temperatures/pressure levels.
The cascade effect is from the fine CO2 bubbles rising rapidly in middle of the glass, creating a current flow of settling beer down the outer edges of the glass.
Nitro is so cool!