It is actually quite a useful tool. What it is most like is 'lining up' the social bookmarking sites that you use, so that you can do one then scroll to the next. You have to be a member of them anyway, and many have different conventions for tags, different lengths for the description, etc. so it isn't so much automatic, as a bit quicker. The process is still manual to a large extent.
I use it, but still only for a handful of sites.
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