No better than any random orbiting lump with the same mass, and quite possibly worse. If you want to clean space debris put up something like a big disc of aerogel.
Unlike the trash bucket in Linux. 1 time out of 20 you go back and restore that thing you trashed. And damn glad you are to have that power.
Black holes, otoh, are forever.
How on Earth did you twist this discussion about blackholes to bring up Linux?
The whole idea of irrevocable trash disposal vs the less irrevocable kind.