if you mean rolled fondant, a lot of people love how it looks but don't like the taste. my personal thought is that its too sweet (at least the home made stuff). so i always put a generous amount of BC under the fondant so if some one doesn't want to eat the fondant they can have the BC under it instead. it also has a texture that some people don't like. so play around with it and decide for yourself! some people love the taste.
also, try marshmallow fondant. i hear it tastes great, but i don't eat eggs (marshmallows) so i haven't made any.
as far as using it, i love to use it. it creates a look for your cake thats virtually impossible to duplicate with BC. perhaps you should look into taking the wilton course 3? that would be a great intro to fondant.
Hi, I make a lot of fruit cakes so I always use fondant - i love it - the look,versatility,taste,everything !! 
I haven't tried mmf yet,but it's on my list of things to do 
I mostly use pettinice - great texture,covers cake really well
sorry for raving on 
i love fondant !!
hmmm, i've never used poured fondant, so i don't know how it is to work with or what it tastes like.
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