Just be aware that there is no back door with it, so there is no way to recover data, via a password reset for example, if you forget the password.
Erm... yes there is :
(a) Last time I used it, there was the option to create a recovery CD that you can keep in a safe place.
(b) There's always the option of a brute-force dictionary attack. Your average Joe is unlikely to pick a cryptographically secure password. There are commercially available hardware accelerators available to speed up the process greatly when you job involves cracking these things (i.e. you can cluster them and attempt well over 1 million passwords per second !)