This plugin is generally only going to be useful for people running a blog that only has a few authors. “Security by obscurity” is generally not the greatest security method, but it has its place. You would want to use this plugin if the default WP super user is not the regular and expected “admin” user login, and your day to day blogging and commenting is done as a regular author user. If your admin user is not “admin,” an attacker will have a more difficult time hacking and cracking your WordPress. If anything, automated attacks would be much more likely to fail.