I tend to mostly agree with Fog here.
I use Automap, but haven't upgraded to the latest 4.xx version - I'm back on 3.7 because it doesn't really give me any big problems.
I've seen some threads around indicating some problems with the 4.xx version so I've kept away from it for the time being.
In many ways, Automap is quite cool, and I do use it pretty much all the time.
If you want to control VST Synths and Audio Effects like Guitar Gig, it pretty much works nicely.
You can also use Automap on the "Unwrapped" VSTi/VST in which case you use it to send MIDI CCs.
When you have a VST "Automap Wrapped", you can control whatever "Host Automation" parameters that are exposed by the plugin.
At times I've been tempted to look at a new Novation controller, but once I've looked I always seem to find myself wanting something better.
Hmm, still haven't found that "something better" that fit's my current budget :-)
So ... al in all, it does work quite well, and makes controlling VST Synths and Audio Effects very easy with "Host Automation".
I AM certainly Glad and happy that I bought mine.
I haven't seen anything much to beat it for the price, and once you've got a handle on the automap thing, it can be made to work very well.
Gee - not sure if that's really too helpful.
Good luck.
Cheers - Cliff