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I took it about 12 years ago. It was a standardized test on paper, I don' know if they've electronicized it by now. Nothing too complex and I generally rock at standardized tests so I wouldn't be a good yardstick.
A friend took it earlier this year after deciding she'd go to grad school when her Peace Corps stint was up. She just bought a prep book and did standardized tests a lot. Don't know her final score but it sounded like it really improved her math score.
Can't speak to any particular program but other than providing some people the rigor to make sure they actually prepare for the test it never seemed like any of the standardized prep courses did much for the people taking them.
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