While I have not downloaded the product I did take a serious look at its documentation. Here are my conclusions based on is documentation. The product is a flat file database. It is not relational. I base this on the fact that there was no mention of multiple tables in a file or key fields. Printout seems to me limited to WYSIWYG. I saw no mention of report layouts or creating custom forms for input.
Conclusion: I see no distinct advantage that this application has over a spreadsheet - not even considering its low cost. While Excel and Numbers are considerably more expensive, NeoOffice and Open Office are free.
If I am wrong about my assessment of this product I would encourage a user or the developer to enlighten or correct my impressions of this product as a reply.
This is not to say this is a bad or useless product - only that with its current feature set as based on its documentation, it seems a bit redundant.