I bought it yesterday - it's not bad, not bad at all ...better than I expected, actually.
I was intending to use it just to tame any rogue spikes in drums, but after messing around with it, I can see goosing it up a little more than I planned since it sounds pretty good - on both single tracks and busses.
Only tried it on drums so far, but I'll use it on other stuff as well.
CL vs Ozone 5:
http://forum.cakewalk.com/tm.aspx?m=2500934