The Hex-Rays decompiler is very good, and I've used it for reversing several times. In particular, it was extremely useful for our analysis of the Green Dam censorware system (http://www.cse.umich.edu/~jhalderm/pub/gd/).
Thanks for exposing that shipwreck of government-mandated Horrorware.
From the Wikipedia article: "As of 30 June 2009, the mandatory pre-installation of the Green Dam software on new computers has been delayed to an undetermined date."