Was hoping this would vectorize logos but it 4x's them instead, leaving the vectorization to external tools. Maybe they should consider revising the title.

I wonder how this compares with just directly dropping the logos into adobe converter or inkscape?

Also - does anyone know of a tool that does in fact vectorize logos with AI? As in, creates sort-of semantic svg elements instead of just paths for everything - given a circle-ish thing you get a <circle> out.