Yes - results here:
http://www.youtube.com/watch?v=6tXzY4d2uO4
That clip was taken without motor engaged.
Its colour, kinda cheap (though expensive for a webcam), and decent FPS. Sensor is small, (4mmx3mm or so) so the majority of the light gathered is lost. I'd say, in order not to waste money, you are better suited with a camera that may look worse "on paper" going by the standard megapixel metrics given by manufacturers, and look for something with a sensor that utilise more of the available light your optics are gathering. This sensor could pick up the 4 or 5 brightest stars in the jewelbox, but even for a nebula as bright as orion, anyting other than a star was little more than noise.
Not too bad for planetary though, where sensor size and exposure capability is not such an issue.