The term "Master" in this case is confusing, as it can refer to more than one aspect of the Airwave-Controller relationship.
Airwave as "configuration-master:" where Airwave is used to push any configurations to the controllers.
I'm still not sure how I like this idea.
Airwave as "air-master:" where Airwave collects all of the signal strength, interference data, rogue detection, switch MAC address info, etc.
This I like - Airwave is able to correlate much more data from more sources and centralizes the analysis, alerting and presentation in one place.