I played around with the options and I was quite impressed. Only thing I didn't like is that I could not tweak the .ini files in the same way as Wrye Bash, had to launch WB through it and navigate all the way to the profiles. Also it cannot install SKSE outside the game dir, but that's just another version of the manual installation needed with Wrye Bash; perhaps for the same reason, I don't know.
Any users out here that would like to comment on it? Why do you guys prefer it to the other mod managers?
I haven't checked how it handles patches like Automatic Variants, so if anybody that uses it would like to comment, I'd really appreciate the info.
Download: http://skyrim.nexusmods.com/mods/1334
Guide: http://wiki.step-project.com/Guide:Mod_Organizer#tab=Welcome
Tracker: http://issue.tannin.eu/tbg/modorganizer/issues/open