I had the same apprehensions when I got my FRED, but my group converted all the characters and it wasn't that bad. Also, now that we are wrapping up and starting a new campaign, my main point was making sure I had good power caps for beginning supers at 350. This actually opens up for characters to actually buy SKILLS, which are neglected a lot of times for power.
Martial Artist: "I'm sneaking up on the VIPER agents guarding the door."
GM: "Make your stealth roll."
MA: "I didn't buy it."
GM: "Well, then, you are staring down the barrel of two VIPER heavy blasters."
MA: "D'oh!"