Love love love the spellbinders: making my cards look professional and nice is so much easier! I use this particular set probably more than any other set: layering different sized labels in coordinating colors is a great way to make a clean, simple and beautiful card!
Just got this recently and I was extremely eager to try my nestabilities... I've been playing with this on my Sizzix Bigshot. It cuts fab but the embossing is not as deep as I would have liked.
Also the brown paint (or rust?) from the dies keep rubbing onto the edges of the paper whenever it cuts through the paper. So, since I'm using white and pink papers for my current project, it's visible unless I edge the sides with dark ink!