The example program included with the PG2051 evaluation kit is a basic serial to parallel converter written in 8051 assembler. This is probably a good example of the uses to which an AT89C2051 can be put - it would be hard to get a serial to parallel converter much simpler than the single 20 pin IC in this circuit. The program is meant to serve as a useful example of 8051 serial routines and other programming, whether or not you actually need a serial to parallel converter.
Source: http://airborn.com.au/serial/sertopar.html