EA Pipstrider

Hi Guys
I am fairly new to Forex trading.
Can anybody tell me if they have heard of an EA called Pipstrider, it is from Forex Goldmine.
A friend told me about it and I checked out their site. I must say it looks quite promising.
It looks like it is very cautious in the way it trades micro lots, and they suggest a miniumum $4000 account trading the audcad pair.
Has anybody here tried it, and if so , what are your thoughts.
Cheers E