We used to use this a lot, and it worked really well for being conscious of how much we spent. Since we used it like we would use quicken or something it also allowed us to create virtual accounts without having to go through the bank headaches (in fact we still use it that way so personal spending it guilt-free with accounts merged into family). After a while Mint did end up being the way to go, was tiresome after a year or two to always have to record every expense even if we'd become fully aware of amounts.
Sounded cooler when it was EEBA though :P