I dealt with them a couple of years ago (no money option). Lee seemed like a nice enough guy, but in the six months he had my script he didn't get it read by even one person.
While it was really exciting to have somebody with actual production credits telling me that my script was great, I concur with hscope's conclusion.
I wish they weren't doing this sort of thing. It really debases the psychic value of my one "option."