I don't use it personally, but it does give you useful info. It CAN be used on blackhat sites, but you should NEVER EVER have all your sites under a single GWT account. If one gets manually nuked then there's a chance that they'll review your entire account and shitcan your other sites too. But as I said, you could use it and not risk all your sites. The way you can do it is to have one GWT account for each site, using different e-mail addies and details for each. Also you need to use different IP's for each one, ideally through a VPN. You could use proxies, but chances are that it will raise a flag if you log in using only proxies all the time.