Perfect if you need it. (08 September 2013)
I had a slight learning curve with a sheet or two of cardstock, but now it's wonderful for me. As a card maker, I cut letter size paper in half all the time. I've also started using Connie Stewart's Flash Card method which requires cutting cardstock in half, then those pieces in half, etc. Saves a lot of time measuring and the pieces come out perfect. I don't use the front "third" cutter much, but I do occasionally make mini albums where being able to cut 4 X 6 mats quickly will be handy.