So that characteristic obviously makes it a very good limiter for testing purposes since it has a low resistance to drop only a small voltage at low currents but rapidly goes up in resistance at higher currents to limit the current at a much lower level then if just a fixed resistor were used.The incandescent light bulb is basically a current dependent resistor and it's really based on the resistance temperature curve of Tungsten. Tungsten has a resistance about 12x lower at room temperature.
It has the added handy feature of the glow giving a rough indication of the current the unit is taking.
(What will we do when they no longer make incandescent bulbs. )