I got this when I was helping my daughter with her algebra, and its been great. I wish Id had it when I was doing my physics degree.
As others have said, the UI very smooth, and its nice to be able to drag along the graph and see tangents, values, and intersections. The ability to plot derivatives is nice too.
Devs: only two complaints so far. First, please please add a more calculator-like keyboard for function entry. This would be a huge improvement. Secondly, functions with discontinuities arent handled well--holes should be indicated and the plotter shouldnt attempt to interpolate across the discontinuity.
I hope to see more updates to this app. Its worth the $2.
UPDATE: The new keyboard is a BIG improvement! I very much agree with HMWhitcrafts review. My biggest gripe is still the poor handling of discontinuities. For example, graph y=tan x and play with the zoom.