In a boxed group it's totally awesome! Set the default to your main (or whichever char you want), and then hit that button and everything goes to them. Makes looting (except for NO DROP stuff, which takes some thought) practically instantaneous.
Tat
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Tatanka Wolfdancer, 115 Wood Elf Druid, 9 x 300+ Master Artisan, 7 maxed trophies (dang research! :)
Michone, 115 Troll Shadowknight
Anaceup Mysleeves, 115 Erudite Mage, 2 x 300 Master Artisan
Snookims Whinslow, 112 Erudite Enchanter, 2 x 300 Master Artisan
<Inisfree>, Tunare (Seventh Hammer!)