I just installed the CMS on my own site - did some minor "look and feel" customization and so far, I am impressed with the CMS. While it is not as "robust" as some of the CMS solutions - I have installation/management experience with several paid and open source packages - I am under the impression, so far, that this system gives a nice bang for the cost and I do plan it offer it to clients....even though I have it initially set up the site and pages and any new pages that they need.
The documentation is a bit lacking as both of you said......but the CMS doesn't have the "overhead" that some CMS systems like DRUPAL have.............it is simplier and won't confuse clients with add on modules and things they don't need