Not sure about version 1, but I'm testing version 2 right now and I have to say it's the best auto spinner I've seen bar none. The content is actually extremely readable and probably better than the manual spins a lot of people do out there. However, some of the content doesn't pass copyscape so make sure you play around with the settings. Minor edits should do the trick. I'm on the trial now but seriously thinking of keeping the Turing plan for my Tier 1 content.
This will no doubt seem very obvious to many people and for others it will send a shudder of fear down their spine! But if you want to make money online, be an affiliate marketer or a well known blogger, then there really is only one way to do it. The best way to get ranked and make money online is to do must things manually. Sure, there are legit shortcuts and additional tools that can make the process faster. But in general if you are looking to create content for your website, then you need to learn the correct way of doing it.