It's fantastic especially for general purpose work and browsing, browsing is so much more easier with the SlimBlade, turning the ball to scroll.
The only time I find a mouse more efficient is if doing lots of selecting text and copy/pasting or diagram type apps. I have a backup mouse for when a mouse is more useful but almost never use it.
I was getting minor RSI which is why I originally thought i'd try a trackball. Glad I got one, it's so much more comfortable and wrists / arms now stay relativity still. It's just a shame the form factor isn't that great for carrying about with a laptop.