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Only places I've been declined are Electronic Arts, Google Checkout, Playstation Network and CCBill.
I use it all the time at DirectNic and to pay Phatservers. I've made numerous purchases with it, recently buying Torchlight (a PC game) via Paypal and a nifty baseball cap and TShirt from Arlo Guthrie's charity org.
Besides the virtual visa, I also do frequent P2P purchases, buying scripts (got 2 copies of UUGallery today) and content licenses.
I find Epass to be a very useful service.
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