DISCLAIMER - I am not affiliated with PE in any way other than being a registered user.
I also purchased a license and am finding it to be an excellent addition to my workflow. I have already created dozens of phrases and macros that help in everything from responding to emails to automatically writing lengthy html and php snippets.
Neat Net Tricks software review panel reviewed the $139.95 version of Phrase Express. Six panel members submitted their reports, which were in general rather negative.-cyberdiva
I read through the review, and I feel that they do have some valid points, but a lot of their negative comments seem excessive and repetitive. For example, they harp on the fact that PE autostarts with Windows constantly throughout the review. In addition, they have inserted responses from the developer throughout their review, but did not take his responses into account and edit their review in any way. They accuse PE of being spyware more than once, even though the developer responded to each and every claim with references to their privacy policy and other pages that addressed the concerns. Other complaints seem downright silly ("One needs also be aware that while it is only a 3.7MB download, it requires 8.3MB of space on the hard drive").
The conclusion reached by most of the members of the NNT panel is that they will not continue using the program as they do not have a use for it. It left me wondering why they would spend so much time and energy reviewing a program and being so "nitpicky" if they aren't the target audience in the first place.