i have always used icing to decorate but would love to use the fondant, however i have wondered if it has a taste? I bought some from wiltons to use just as a bow on a cake and it taste terrible! I cant imagine eating a whole piece of cake like that. One of my other crafts is clay, so I know I would love using the fondant.
If you make the fondant from scratch you can always add a flavor to it (clear flavoring) or you can make a white chocolate modeling dough and fold it into your fondant for a creamy flavor. A purchased fondant you may want to try is Fondarific, they have introduced a buttercream flavor.
I make MFF, and use it all the time. Some people love it and others peal it off to eat the cake underneath. I'll eat a tiny bit, too sweet for me. It is what a person is used to, I guess.
I use Michele Foster's Fondant (white chocolate version) on 99% of my cakes because the taste is awesome. You can find the receipe here on cc in the "most saved" receipes. Be sure to follow the receipe EXACTLY as it's written. It's a high quailty fondant that taste great and won't break the bank. Some swear by Marshmallow Fondnat but I never have any luck with that for some reason. I have added modeling chocolate to the MMF and made it work for me.
The one time that I was forced to use Wilton fondant I mixed it with white chocolate modeling chocolate and it was really good. Anyway, there are a few options for better tasting fondant.
Like I said, 99% of my cakes are covered with MFF because people actually eat the fondant. They don't eat just the cake and icing and leave the fondant on the plate.
I guess the three of us posted at the same time but at least we agree