I've used it about 5 or 6 times...for shareware software, etc. It's totally legit. Only downside is that it horks 10% transaction fee (not from you but from the recipient), yet it's easier to deal with than paypal since dvd2svcd lives on a ship in Sealand with a rocket launcher by his side IIRC.
http://www.sealandgov.com/