Well, it's a browser object, though I can see why you say iframe, because that's what it looks like. Category/@@####px is the page length of the content, not the width. If you change it to 600 rather than 3000, you'll see that a scroll bar show up to allow vertical scrolling not horizontal, at least that's what my implementation shows.
As far as adding value, well that's a personal assessment. I see it as a very useful module, if for this reason alone - it allows me to place catergorized content in a news agregatted format on my site. What you do with it is up to you, but if you don't think it has value, you don't have to use it, I'm just offering my views on it, and helping document the setup, and config stuff that folks won't find easily.
If you read my blog, the value I find in using this type of module is that I need that type of functionality to help keep up with all of the technical information that encompasses my job as an administrator. Could I do it with other apps, yes. The thing that I like about it, though, is that DNN includes it. I've got my own news application agregattor windows application, but this module allows me to have access to my custom opml from the web, not tied to my laptop, or desktop workstation. So, I'll be exploiting it as long as it is available.
If you have a site that markets products, you can create a custom opml file that lists them and links to product descriptions, just like the Solution Explorer does. I think that is more than value returned enough for me. But as in all things, you have to decide for yourself.
Cheers