Oracle 10G flashback database/recovery area

Hi,

I am implementing a new oracle 10G environment and am undecided on the new feature "flashback recovery area".
It looks as if it is just a quicker way to do PITR, am I correct? Or does it add to funcionality in flashback queries as well.

Do people out there use it, and what is the reasoning for it? What is the impact on the RMAN backup.

Regards

Jack

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