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I have heard very few positive things about it. The rewards are full of loopholes and are so easy to lose. You have to spend an outrageous amout of money to accumulate rewards that are worthwhile. The APR is insane (and they are sticklers for the due date and I have heard of people not having their payments processed on time when mailing the bill 2-3 weeks in advance).
I was considering this until I started hearing such negative things about it. If you're getting it for the bring a friend ticket I say pass. If you're interested in the rewards... well [from what I understand] your (or my) kids will be in elementary school before you have enough to use.
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Spork is the new MacGyver
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