I sometimes use it for short to medium length storage, but I still drain my carbs every winter, except for my 2 or 3 Winter bikes. I've read for LONG term storage there may be better products, but I've never had a problem.
I have a 35 gallon gas pump on wheels in my outer shop. I fill it with non-ethanol, lead substitute, and the lighter ratio of Stabil. It is for my vintage bikes, lawn equipment, hanging remote gas bottle and "emergencies".
In our area non-ethanol is too rare to be able to always run it exclusively on rides. But my vintage bikes rarely go farther than a tank, so the in-shop gas pump has been great.