Ya, it's very usable and stable!
It is, like the name implies, simple. So it's extremely easy to do anything, like send and receive network data, but of course the ease comes with a price, all of the low level stuff is wrapped and from what I have seen there isnt any way to get at it. So doing very specific low level things would be difficult with it I think.
But man, for anyone trying to learn something like game dev, or even any project that doesn't have a need to get down and dirty in the low level details, its a god send.
I took a look a the code to create a project wizard and it looks pretty darn simple, so would the C::B devs be interested in this wizard if I made it?