Well as someone that runs and has run forums I hate it! You have to setup special registration templates to counter it (which works fairly well) or have your forum linked to a spam database to counter this.
I'm not sure if it's good for self-populating message boards of your own.
It's only good for plugging well established forums in off hours when the mods aren't around. I recall being on 4chan when that place got out of control (holy shit out of control) and they finally had to take measures and ultimately instill a captcha on every post.
I don't mean to sound insulting but you're better off asking these questions with a fake nick.
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