I recently started using iTerm2 on a mac, it seemed so cool. But I quickly got sick of it being so slow to startup, sometimes 10 or 20 seconds, and even sometimes slows/freezes the machine with a few windows open. Seems very bloated. So I stopped using it before I got to know its best features. (I had the daily tips appear daily, but never learnt anything from that.)
Having said that, from the regular account I don't find it slow at all.
The feature I like most - tabs. My workflow consists of a lot of tmux, and tmux+tabs makes things awesome. I also like that iTerm2 puts all your terms back in the same directories you left off on if you restart the terminals or reboot.
I don't use most of the features, set the color scheme once after installation. The slow pasting mode, tab duplication, clicking on links, showing timestamps is enough. On my computer it becomes slow after 3GB memory usage (tailing lots of logs in the background or such).