fritterware

from Jargon File (4.4.4, 14 Aug 2003)
fritterware
 n.

   An excess of capability that serves no productive end. The canonical
   example is font-diddling software on the Mac (see {macdink}); the term
   describes anything that eats huge amounts of time for quite marginal
   gains in function but seduces people into using it anyway. See also
   {window shopping}.
    
from The Free On-line Dictionary of Computing (8 July 2008)
fritterware

   An excess of capability that serves no productive end.  The
   canonical example is font-diddling software on the Mac (see
   {macdink}); the term describes anything that eats huge amounts
   of time for quite marginal gains in function but seduces
   people into using it anyway.  See also {window shopping}.

   [{Jargon File}]
    

[email protected]