I turned it off, as well as all the RSS feed screenlets I had all over my desktop. (I kept the clock.) Those RSS screenlets turned to be a distraction and an annoyance, and luckily nothing worse, but I’m pretty sure that Conky made my system unstable: whenever I had it running more than a day or so, I started getting weird crashes in other programs. Turned it off, crashes (at least,thosecrashes) went away.
I’m keeping most of my Compiz eye candy, but it turns out I actually prefer a cleaner desktop…