Competition is always a good thing to have :) – Also depending on whether you have an iPhone and perhaps a number of Macs and/or Windows PCs the account synchronization can be very awesome indeed I suppose. I believe a workaround for log synching would be using e.g. dropbox (once the Mac version supports self set log destinations)

Who needs this if he can have Adium for free?

Good alpha, does all the basic functions without issue. Obviously more work to add all the usual fruit and configuration options, but shows this is a very solid base to build on.