Yes, LM3886 is a chip amp, one of a group of four chips who's circuits are loosely referred to as Gainclones, 68w/4R, 38w/8R for this one, but output is voltage dependant so these figures vary as does distortion levels. The harder you push it the more heat is generated and the bigger the heat sink you require.
Rod Elliot, who's opinion I have a lot of respect for, built a circuit to try these chips and described the sound as "very good, audiophile sound with a caveat" that being you shouldn't push the chip too close to its limits, where the "SPiKe" clipping protection kicks in, it gets noisy around this point.
Link to spec comparison of the four chips: http://home.pacific.net.au/~gnb/audio/lmcomp.html
The Connexeltronic link I gave a few posts back is for a stereo amp module using two of these LM3886 chips and a switch mode power supply all built on to a 100mm square PCB. This is what I am going to try out. You simply mount it on a heat sink, connect an AC supply and give it an input from your pre amp, some speaker leads to the output and your in business. the voltage from the smps gives an output of 40w/8R. These modules have DC detection/shut down for speaker protection, soft start to avoid switch on thumps, and over/under voltage protection.
It can be used for woofers, though it probably isn't going to get the best out of the 12" Yammies, which by reputation, are hard to drive. Rod said they were ideal for Mid/tweeter use in an active set up.
KMTech, who make my crossover boards (same circuit as Rods), are developing a board with 3 way crossovers, trimmer pots for driver matching and 6 channels of amplification using these chips as we speak. These are designed to go inside the speaker cabinet, or can be used external. They have a few substandard boards, suitable for DIYers for sale in their ebay shop.