I love the way it looks, but seldom like the way it tastes. I admit that I have had some fondants (Deborah's white chocolate fondant from City Sweets stands out) that are better tasting than others, but never had one where I was like, Wow! this tastes great! Regardless, I love the look of fondant. I love the way you can create shapes, uses crazy colors, mold and curve the stuff to suit your needs.
These cupcakes and fondant shapes are a good example:

BRAINS!!!



All images courtesy of RachelYoung.
:)
These cupcakes and fondant shapes are a good example:

BRAINS!!!



All images courtesy of RachelYoung.
:)
Comments
-Jenniffer
http://cupadeecakes.blogspot.com
Two other fun mediums to try are modelling chocolate (just 1 part corn syrup to 1 part chocolate) and marzipan which are more delicious in my opinion!!
The pics you posted are my very first venture into fondant and I'm glad people liked them (and that I managed to get them looking okay)