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It is a very good scanning software particularly if you are more of a technician and/or have a need to scan a wide variety of vehicles. The biggest downside to scanners external to your tuning product (assuming that tuning is your ultimate goal) is that there is no integration between the two. You can not easily have Ease "talk" LS1Edit, HPTuners, EFILive, TunerCat, etc. Therefore, many of us became Excel gurus out of necessity. In fact, I can remember when Copy/Paste wasn't even an option (i.e. you had to manually enter every single change). Also, be glad that these modern applications/tools don't require you to do anything any hex!
It does a lot that is for sure. I have worked with them for about 5 years now I gues. Recording is still a pain and then of course setting up the parameter sets. They are looking at adding the capability to modify the pcm.