This is one of those products you'll be asking yourself whether you need.
The blurb raises your expectations that you'll be able to download music and movies without ever having to pay for them again. It even makes you think the software is exploiting the legally grey area of copyrighted content online.
However once you get into the program, it becomes clear what this is designed to do. Its the digital equivalent of the tape/cassette recorder. It searches online for the content you're looking for from legal sites & sharing network such as Youtube, Vimeo and MediaRaptor and other such sites then provides you with the ability to record it to your hard disk.
A key flaw is that it does not tell you the original source until it's been downloaded or offer a preview. Which can make sorting through poor quality files a chore.
Once you've found the content you want (simply from the file name and nothing else), it then records it to your computer in the format you choose. After that you can open up the file and choose to upload it to devices and convert the file format to suit that device.
Put simply, you can do much of what this program does already using other tools. What this program does, is actually play the content, and whilst it's playing, record it at the same time. Quite clever, but the source of many of these files is so poor that if you're going to the effort to use this software, it's likely you know better sources to download that piece of music or video you're looking for. The software does a lot, but not very well.
Ps. The blurb also mentions that it can circumvent DRM, but does this by re-recording the original file (Essentially playing it back and re-recording the sound). This is known as transcoding and there may be some perceptible quality loss from the original file particularly if using lossy formats such as MP3. If you appreciate the quality of original source files, then you will not like this compromise.