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Has anyone used the Transcribe! software program?

One of my professors is assigning a lot of transcriptions (not just jazz; it's a class on various world musics) and suggested we buy the Transcribe! software program. Has anyone used this? Is it worth spending money on as opposed to using something free like Audacity? Most students in the class don't do much transcribing, so I've got an advantage since I've been transcribing jazz licks. I've always transcribed by ear and been fine with that so I'm hesitant to spend money on a program when I don't even use the free stuff.