Absolutely. And whatever the speed and compression is advertised, - they are not lying. In fact they post it using the data submitted to them by test sites like ours, needless to say M$ is running it as their enterprise backup solution.
DBAssociates actually took 2 stabs at it, both I think were right on the money. First, which is the core of the product, is all extended stored procedures. But with the second they sealed their place in SQL Server market by placing the front-end into MMC concole. In fact, if properly installed, it contains 2 sub-root groups, - one for SQLLiteSpeed and one with your registered servers (complete replica of your Enterprise Manager.) But you can always customize it yourself.