I think habanero peppers have a great flavor, but the heat usually overpowers them. Removing the seeds and gills, and adding vinegar and/or carrots can tame the heat.
Reasonable heat level, really good flavor. They're not kidding when they say "dump on everything". Not the kind of hot sauce where you put a few drops for heat; this is the kind you can use several tablespoons of at a sitting.
Taste is, of course, pretty subjective, so I make no claim that my position is objectively correct!