I liked it because, at the time, it was the first thing I'd ever attempted to play with those crazyclassical arpeggios that cascade across all the strings. It was a turning point for me in terms of how much further I could take the guitar and I distinctly remember it being one of the most difficult things I ever learned, because it was completely new ground to me.
I remember fighting tooth and nail just to nail the first arpeggio...SLOWLY. lol And when I actually managed to play the first two arpeggios together for the first time ( very, very slowly), it was like a revelation. I left the mundane world of Metallica solos behind for this new, more exhilerating and elegant style of playing and ran face-first into guys like Becker, Petrucci and Vinnie Moore. As a result, my playing skyrocketed
. Learning 'Eugene's Trick Bag' signaled the start of when my playing actually became good. LOL
I believe learning a piece like this has all sorts of benefits, even if it doesn't fit your style. For one, it forces you to become VERY good at picking across the strings. Once you have this down at a respectable speed, everything else seems to get just a bit easier because of the control that you now have. It also teaches you quite a bit about arpeggios and leading, too.
And I would comment on your take, but the computer I'm on for the immediate future has no sound.