MMCSHANE63 Having read a number of reviews here, and elsewhere I bought this and have now used it on my Intel Core2 duo, 20 inch iMac in target disk mode (from a MacBook) and also on an external FW Drive (LaCie). My conclusion is that it works and it makes a significant difference. It does not seem to have made much difference to startup, but apps open considerably faster. I store large(ish) video projects on the external drive and this has to be worth it.
Full iMac defrag in approx 9 hours. Full external HD defrag in approx six hours. I'll be using this regularly.
(Version 1.6.5)