Internally, we use this tool quite a bit to quickly analyze workloads to understand their characteristics. Analysis that used to take hours takes seconds now. I wrote a paper accepted at IISWC 2007 that you can take a look at. Also, at my blog you can find some more related stuff. Surf on over to
http://virtualscoop.org.
Feel free to ask more questions here or at my blog about the tool and what kind of stuff you can do with it.
Irfan