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I really like using the AMZ Alert software because it gives me peace of mind that my products are being monitored and it gives me time to focus on other things. Their C/D option has worked wonders for me. In almost every case the hijacker has jumped off my listing before I have to get involved.
The only thing that I have come across that I haven't liked so far is that this software is only available in Amazon.US market place.
I strongly recommend trying out the free trial with your own products. That way you can see exactly what kind of alerts you will receive once your free trial is over with. You will realize the cost savings immediately.
AMZ Alert has alerted me to leeches and hijackers jumping onto my listings. By being notified right away of the hijackers stealing the buy box I have been able to react much quicker thus winning the buy box back and reaping the sales of having the buy box and hopefully the best seller badge as well.