SquareTrade warranty worth it?

I'm am going to be switching from my tired old Dell to a MacBook Pro 13.3" in the next couple of weeks. Does anyone have experience with the SquareTrade 3 year warranty? Is it worth the cost (159.00)? Thanks!

I just went to their web site and read over their terms of coverage and the legalize. However, I don't know of anyone who has purchased one of their warranties nor do I necessarily believe their testimonials.

Note that if you purchase their warranty and\or accidental coverage (spills, drops, etc) it doesn't go into effect until after 30 days. Nor does it cover theft, or if you forget and leave your machine on a train or plane.

Regards.