I'll give this a try over the next few days - another piece of useful software can't be a bad thing, if it's well executed. The need for NET4 is a non-issue frankly and I can't for the life of me see why it's being made into a big deal.
I have to say though, like others have already, that it'll have to grow into something very, very good indeed if you intend to charge for it while Calibre is still free. Calibre may have a lot of advanced options, but the fact is that you don't really need to touch them at all, making it basically plug & play. Or at least that has been the case for me.
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