I am using SeoElite the latest version. However i have had it for a while and nto really used it that much. The latest feature for article submission is a nice touch. Some bugs with it, but Brad I must admit does commit to listenening to the user and fixing these bugs. I tested on two articles that were accepted by a few article directories. The software does still need you to conduct manual work you site, it does not replace any of this. However it does provide data and statistics, especially about competition. These are useful tools. I would not recommend for someone who has not knowledge of SEO to assume this will carry out the work for you. Someone who understands data and statistics to assess their particular niche could benefit from this. If you have one site, just selling your products; its not for you. You got several sites in various niches, creating sites in different niches or even a web developer with clients can max out on this and get some really good raw data for clients. it would be correct to state that this software is not a one stop solution for everyone as the sales letter pushing the software suggests.
I agree that the manual way is better, but I still use WebCEO because it gives me a good report interface when trying to show rankings and competitive comparisons for the higher ups in the company. A few people I know don't care for it but you know different strokes for different folks.
Just as an FYI WebCEO is half off until Saturday. I just got it today for $249 the professional edition. Do a google search of WebCEO and you'll see an ad for the half off. It worked, I got it, and it's great. Thanks for the input everyone, I'm much more pleased with this software. MR