Oh well, there are 2 plugins I've used depending on scenes. Twixtor is definitely the better way of producing extreme speed changes than PP or FCP's time remap functions. Twixtor Pro's interpolation has the fewest artifacts of the stuff I've done and seen. However, it can go pretty off when you have a busy background.
Kronos is the other one, and I bought it through the Furnacecore pkg earlier this year. Furnace is slightly faster than Twixtor in FCP, but I've moved to Premiere Pro CS5 for a lot of editing and it doesn't exist there. The results are about the same imagewise compared to Twixtor, though some claim it's better.
There are others like Boris Fx (which also uses optical flow) but Twixtor works for me as it's a plug in in the NLE vs having to go to AEFX, Nuke or Shake. The interface is clunky and renders can be slow but the result is good. If it's post overcrank you want, I recommend Twixtor.
Now whether it's worth the extra money is subjective. I suggest you download the demos and try them all out.