I don't like it. The possibility for abuse is too high, and it takes away from the realism of the game. When there are those who using their binds can heal themselves mid-gunfight to prevent a death, it creates a very frustrating playing field, for me - just knowing the possibility is there.
Yes there are medics in real life, but you sure as hell can bet they aren't able to bandage themselves while taking a bullet to the gut. Nor is it instantaneous, nor is it likely that any amount of bandaging will sustain you time and time again if you keep getting shot down "into the red".
Ah well, I guess I'll just let things run their course. Plenty of other eGO games to play, anyway.
Edit: After playing more with the mod, I don't hate it quite so much. Primarily because not a lot of people know about it. This, however, makes me feel guilty whenever I use it - as I feel I have an advantage over people. However, I notice moreso now that it doesn't change the game very much from its previous state. I still get killed just as much.
Given this, I suppose for now I'll change my "I don't like it" to...
I don't like it that much, but...in the event that I can use this tool to kill more bad guys. I'll support it!