Super Slow-mo!

Greetings all!
For those of you looking to do some super slow-mo shots, but don't feel like dishing out the cash for Twixtor, check out this free alternative I found:
I just did a quick test, seems pretty simple to use; upload your clip and plot points (x axis is length of original shot, y axis is the stretched out timeline). The lower the slope you plot, the slower the footage will be. It'l make more sense when you play with it.
Also, this dude did a tutorial on it a while ago, not sure if its still relevant:

Thought could help out some folks.