It works great if you want to grow rooted plants, it does nothing if you want to grow anubius, java ferns, moss, and floating plants. Crypts, vals, swords, the carpet plants other than riccia all love having something like laterite in the substrate.
Aquascape? I'm a crypt farmer.
It's a fine line between fishing and standing on the shore looking like an idiot.
That IS an aquascape, it's titled "The Vacant Lot".