I was using it to read RSS, show some network info such as external IP and have a text field which could be used as a notepad. It was superseded by the arguably better designed, but more resource intensive, gadget system.
Which was then removed for...reasons. Of course. Why would you want to have little bits of software that could run on your desktop? You know, like sticky notes, a larger clock, weather that doesn't require opening more software/website...