I actually like it. I can condense a lot of my most used apps to the first screen. I guess it would depend on the theme you are using too. I actually just had to get a new 3G, damn thief is enjoying my old one, and I decided to do without winterboard. The stock icons fit pretty good but it may look a lot different with non square or larger icons.
It works great, im using it with stock icons no winterboard and its not as cluttered as it looks. No problems at all with it. Give it a try you can always uninstall it.