It's way better than nothing, and if a time comes to ditch the 5 cent coin that's relatively painless.

The real problem with the Euro coins is how badly they're designed. It's basically impossible to quickly tell the difference between 2 and 5, and 20 and 50. Very similar size, exact same color. If we're ditching 1 and 2, we should also make the 20 cent piece bronze or something.