Well, ok, I wouldn't use this to generate reports; will still have to use scripts.
But imagine that when you are debugging a problem trying to find anything that references, load data into, load data from, a table or view. Having this tool from Red Gate will save you a lot of time. I wrote a post a while ago about some script that can be used to search for stuff, but that doesn't cover all the databases in the same server. Red Gate SQL Search does.
One thing I do wish for, is the ability to search in "All servers" saved in the settings. Because of this, I will still have to use SSIS to run the script to do a complete search.
Here is the screenshot:
