Enabled by the advancement in radio frequency technologies, the convergence of radar and communication systems becomes increasingly promising and is envisioned as a key feature of future 6G networks. Recently, the frequency-hopping (FH) MIMO radar is introduced to underlay dual-function radar-communication (DFRC) systems. Superior to many previous radar-centric DFRC designs, the symbol rate of FH-MIMO radar-based DFRC (FH-MIMO DFRC) can exceed the radar pulse repetition frequency. However, many practical issues, particularly those regarding effective data communications, are unexplored/unsolved. To promote the awareness and general understanding of the novel DFRC, this article is devoted to providing a timely introduction of FH-MIMO DFRC. We comprehensively review many essential aspects of the novel DFRC: channel/signal models, signaling strategies, modulation/demodulation processing and channel estimation methods, to name a few. We also highlight major remaining issues in FH-MIMO DFRC and suggest potential solutions to shed light on future research works.