It spent about half an hour, correctly identified what the program did, found two small bugs, fixed them, made some minor improvements, and added two new, small but nice features.
It introduced one new bug, but then fixed it on the first try when I pointed it out.
The changes it made to the code were minimal and localized; unlike some more "creative" models, it didn't randomly rewrite stuff it didn't have to.
It's too early to form a conclusion, but so far, it's looking quite competent.