Yes, i have used it in several applications.

But if you get some, be careful there are engineering samples out there that have some bugs.

I recommend that you get the DSK-800 Kit for $99USD and fill out the registrations form to get updates. The guys at waverscale send out e-mails with informations and they do not hide problems. i am impressed about the support they give.
I also recommend that you watch the web site often, to the all updates for the development tools, as they discribe what bugs have been removed.