I ran some tests and am happy to say that you do NOT need to write any code to ensure that all clients are kept in sync. If you set the following as a child element of the cluster config:
In the client config you need to set sync="NotificationBased" on the element.
The element in the client config will tell the client how often it should check for new notifications on the server. In this case, every 15 seconds the client will check for notifications and pull down any items that have changed.
I'm guessing the callback logic that you can add to your app is just in case you want to add your own special logic (like emailing the president every time an item changes in the cache).