"A poor man's f.lux" is a good way to describe Shady.
A hotkeyable screen brightness preset might be useful to some, but I prefer the greater capability of f.lux if you want to manage screen glare.
I use this frequently — it's a terrible app that's pretty useful. It doesn't support Retina screens very well, doesn't work on secondary displays/full screen apps, and hides every time you open something like Mission Control, flashing the bright screen into your eyes. It can be useful though.
Equidam