Especially obfuscations like "bob at gmail dot com". If I were a spambot I would just read until the first space and append "@gmail.com" and "@hotmail.com" and 5-6 other mail providers. This would break through 90% of people doing that, and they're high value targets too - they feel secure with their clever obfuscation and chances are their other anti-spam tools (and reflexes) are weaker.