I benchmarked it on four of my benchmarks so far. Got first place in two of them:
https://github.com/lechmazur/confabulations
https://github.com/lechmazur/nyt-connections
https://github.com/lechmazur/confabulations
https://github.com/lechmazur/nyt-connections
The point isn't in having a "perfect" evaluator, but in having a cheap and somewhat consistent evaluator.
This approach holds up well enough... as long as you don't try to use it for RL. If you do, chances are, you'll end up with an adversarial LLM that aims solely for breaking and saturating the evaluator.
I've seen some places, e.g., NY Times, use expert panels to review the results from LLMs. For example, getting the author of a book/essay to evaluate how well the LLM summarizes and answers questions about the book/essay. While it's not scalable, it does seem like it will better evaluate cutting edge models.