Yes, those tools are extremely good at reverse engineering. With a bit of know how, it is now trivial to reverse engineer any protocol or crack any software, often in a matter of hours or less.
A lot of people in the industry have vested interests in this not being discussed openly so you don't hear too much about it, but the implications are huge.
A lot of people in the industry have vested interests in this not being discussed openly so you don't hear too much about it, but the implications are huge.