Xoftspy - nothing more than a scam?

Last night I tried to clean a computer overrun by spyware using Xoftspy from paretologic based on a recommendation from what I though was a blog, though I suspect it was a planted marketing site. After installing the tool it scanned (too quickly? 20ish times faster than adaware) and reported a number of hits but would not clean the computer without first paying the registration fee ($60!?!?!). Others have come to similar conclusions, though the company has supposedly turned clean I’m not sure I believe it. If you want to check the validity of a spyware removal product might I suggest checking this list of false anti-spyware utilities.