In The Road to Reality Penrose remarks on an identity written down by Euler which is "obviously wrong" and yet correct "on some deeper level". He makes reference to the series again when discussing renormalisation.
The partial series don't look much better at $\sqrt{-4}$ than they do at 2. So the answer to making use of it can't be simply to look at $\Bbb C$. In what sense is this divergent series good?
Edit: Sorry, I mean in what sense other than as a formal power series.
Edit 2: Penrose remarks that the lower = left & right parts of the plot are "inaccessible" to the partial series. So maybe a way to rephrase the question is, how can one access them?
The obviously wrong proof is $$ \sum_{k=0}^{\infty}2^{2k} = \sum_{k=0}^{\infty}4^k = 1+...+4^k+... = S\\ 4\sum_{k=0}^{\infty}2^{2k} = 4\sum_{k=0}^{\infty}4^k = 4+...+4^k+... = 4S $$ subtract the two we find $$ 1 + (4-4)+...(8-8) ... = S-4S = -3S $$ thus we get (however wrong or what not) $$ -3S = 1\implies S = \sum_{k=0}^{\infty}2^{2k} = -\frac{1}{3} $$