We used it for two of my kids and it was very effective. I think the printing is somewhat better than the cursive, however. The cursive just doesn't look particularly attractive, and some of the letters are formed a bit strangely and are a bit hard to read when they write quickly. This is especially now that my son is 12 and writes much faster - I'm actually trying to get him to "unlearn" some of what he did with HWT in order to be able to read what he writes.
The K-2 books were great, though! Both my kids had problems with illegible printing, and HWT really did the trick.