I think so; it’s the spammers and the blog bullies that are bad.
As I was reading Dan Thies' comments on 'Comment Kahuna', it got me to thinking about this tool, which I do use on occasion …and it's free 
By the way, I just want to also say that I really like Dan Thies and I hang on his every word, in my opinion he's one of the best SEO guys around, and I love his "SEO Fast Start Guide", amazingly enough it's still free and if you don't have a copy – you're missing out!
Anyway, getting back to Comment Kahuna, I use it mostly because it helps me find relevant blogs that I can not only comment on but it also helps me find out what people are saying and what people are really looking for. I don't always make comments, occasionally I do but unlike a lot of 'link focused' bloggers, I think that if it's worth my time to make a comment then I should actually try to contribute something, call me crazy!
So I like Comment Kahuna, it helps me find relevant blogs that I can intelligently contribute to. If there are people using it to spam blogs for their own personal gain then it's unfortunate. Like I think Dan is saying — it's not Comment Kahuna that's bad, it's the people using it inappropriately that are bad.
Yes, Comment Kahuna does look specifically for blogs that use the 'nofollow tag', that may or may not be a bad thing and if your blog isn't using the 'nofollow tag' you are theoretically subject to more spamming, but that's what I have Askismet for and it does a pretty good job of nailing spammy comments.
I'm thinking that if someone takes the time to make a thought provoking useful comment to my blog why not pass them a follow link for their efforts and let Akismet take care of the spammers.
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