I use it a lot lot lot. I play TEC, so I usually have credits more available than resources, especially when I get Trade Ports going everywhere. So I tend to buy resources when I need them, especially when I'm in a research frenzy, or in a rapid colonisation phase.
In games where I have an imbalance of resources, usually producing a lot more metal than crystal, I sell metal and buy crystal.
The object is to get things built and researched asap, so waiting around for one resourse when you have an oversupply of another is a waste of time, that you may pay for later. Just be careful though not to oversell one to get another.