Xtype field
Embeds a ready ExtJS component into the form — one already registered in the manager, whether by PageBlocks or by another extra.
Settings: the component's name, and optionally the parameter it should receive the current record's id in.
This is not "any input type": the component has to be registered. It is how a grid from a satellite component ends up on a block's form — an order's items, a subscription's payments.
It degrades to a hint instead of breaking
If the component is not registered, or the record has no id yet while the field needs one, the form shows the field's help text in place of the component. So a field on a not-yet-saved record explains itself instead of failing.
That fallback is worth writing for: fill in the help text with what the editor should do — usually "save the record first".