KMyMoney

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Flaws

On data import, will not create account aliases; e.g. if the transaction shows "A C MOORE XXXXXXXXXXXX1111" as the payee, you have to choose between using that exact name for the payee or leaving the payee blank.
OFX importing will not work under Fedora Core 2, at present. (We have tried everything including recompiling KmyMoney and the OFX filter from source, with no luck.)
On import, new transactions are shown in flashing red on yellow in the main window; this is very disturbing. (Don't know if there is any way to turn this off.)
On import from a downloaded online banking ledger, no attempt is made to find existing transactions which match imported ones (other programs do this and mark the matching transaction as "cleared"); this reconciliation-and-marking must be done by hand.
Under certain conditions, transaction text will blink red, with no apparent explanation of why. There is no information in the help text either. However, one of the "daily tips" mentions the circumstances under which this happens (something about an unassigned value in a split).