Yep, the Flynn team helped us out via IRC and were fantastic. Especially as we were still working on getting pre-1.0 running, it was great to work with an engineer directly through the bumps. Obviously they do offer paid support as well, which is great for recurring issues and operational assistance.
We do have a dedicated engineer managing / monitoring our infrastructure. It's not a set-it-and-forget-it kind of thing, so if you don't have somebody to manage your infrastructure, the hosted version might be a better choice.
The big cost savings win was for all of our /other/ engineers who now don't need to know anything about ops to get their apps running. Previously with Chef, everybody was responsible for writing recipes and setting up environments, but now we have a standard set of buildpacks that work with our apps, and when we need to transfer an app to a client (as we're a dev agency), we can set it up on Heroku and it should "just work".