Bike Anti-Porn - When Things Go Wrong

Yes, that looks to be a very nice cyclocross bike. If you ride on light trails and singletrack then in my view a cross bike is perfect. Not always the most comfortable, i.e rooty ground but that depends how hard you are :-)
If you do more than that then they are useless and you will find yourself riding at 3mph (5 foot drop offs, rock gardens, very rooty stuff etc,.)

I ride both a CX and a 29er off-road. The big difference for me is rider positioning. The CX bike places me far more forward than the 29er. This makes the CX bike more fun on the lighter stuff, but dodgy going fast downhill or jumping.

If you have to ride far to get to the trails a CX bike is a real bonus though. I had to ride the 29er to work today (just built new wheels for the CX), and it was pretty slow. 2.55" tyres at 30 PSI, and 57GI is'nt exactly a road racing set-up.