I would say that it is about 95% perfect for what I use it for. I did ask about creating a mod for the latest comments which I feel is an important item (at the time they have a mod for the most commented comments - I have new comments not being displayed to my users). They told me that they would work on this in the future. With this mod and a few minor tweaks (ability to control what is and isn't displayed to viewers- like the read more and tag box at the bottom of the blogs, I was able to remove these by editing the EasyBlog files), this system would be 100% perfect for what I use it for.
Since my purchase I have seen two updates to the EasyBlog system which shows their commitment to supply a quality product to their customers. I have also read the entire EasyBlog forum and found that they have helped everyone.
I am very confident that the guys will follow through and help make this system perfect in my world!
I am very happy with EasyBlog and recommend it highly!