It does a great job of getting you from zero to an app, but it breaks down terribly once you try to do anything custom with it. The fact that it hides code from the developer drives me nuts.
Ooh I forgot about that feature. It does at least answer my big problem with IB: you execute code you didn't write and can't read. I'll have to give live rendering another look.
I won't start a religious war here, but IB is awesome in demos and less awesome in real world. Versioning alone is enough to make you go crazy (especially back in the .nib days!).
I understand both sides of the argument - it took me considerable time to wrap me head around IB and for the longest time I just assumed I simply wouldn't "get it".
Interested to how you do versioning on UI with or without IB though. Personally I just maintain branches until an agreed upon design is in place.
