New user with
Nero 6.3.0.3
The only feature I've seen that is lacking much functionality is the inability to read the names and other info about the tracks on an audio CD.
Nero has much difficulty accessing the freedb.org database. Even WMP, when the same audio CD is in the read drive, picks up all the track info.
Freedb.org claims that Nero is the only software that consistently has problems.
Personally I don't use labels or any of the track info, but when I burn a compilation of tracks from my CDs for my wife, she likes to know what track is where.