I used one of the maces for most of the beginning of the game, like first 6-7 hours. Since then I switched to something better, but due to the new durability system which makes all weapons much more frail, it still serves as a good backup weapon. Not for long though...
I honestly think that people who don't listen to the ads version are missing out. It's basically 2 more minutes of good ol' bombcast silliness (which is the main reason I listen to it in the first place).
The premium version is basically two Jeff/Vinny-funny-minutes slimmer, which makes it the inferior one.
@i_am_lono: Yep! Totally agree. I actually followed the blog of Robert Briscoe (the lead artist and designer) on the development of this, and was really awe struck by his talent on environment design. Very inspiring stuff.