I personally think it's really cool, as soon as they fix a few issues and add microphone recording it'll be amazing.
This is a short video I recorded using Shadowplay:
From what I have seen, it looks pretty decent. But I agree in that they need to fix a lot of issues. I only really play a few main games like left 4 dead, and I just can't get it to work on there
I like the idea. I hope it forces AMD to make an equivalent.
And also to get rid of that AMD Gaming Evolved raptr client. It sucks, it's intrusive and has no business being packaged with the latest Catalyst drivers, especially now that the drivers' overall quality and performance has improved in the last few releases.
I'd really want AMD to make a real equivalent to Geforce Experience.