EncFSVault as a FileVault replacement

EncFSVault provides a replacement for Apple’s FileVault. There are a lot of issues with FileVault. Personally I don’t like any proprietary software for security sensitive storage of my data. But the main reason I was not able to use FileVault was the fact that FileVault still doesn’t provide support for case sensitive HFS+ file systems as of OS X Leopard 10.5.6. That’s a shame!
My choice was EncFSVault. Good or bad choice?

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