
Well, since I wrote it, I will argue that it is a lot better than Ocra, but that might not be important to you. If you want to create OSX releases on any OS or Windows releases on OSX/Linux, then it just wins :) It also makes it considerably easier to create a proper windows installer by pretty much doing that for you if you want that, compared to managing it using Ocra/Innosetup yourself. Importantly, Ocra alone doesn't do anything that Releasy doesn't do, but Releasy does a hell of a lot more than Ocra.
It is, as you point out, not terribly well documented and it isn't as good at explaining errors as it should be. I've had a bit of a break from coding and Releasy really is the thing I need to clean up and push out to the community as I can, because it is
nearly very good :)
If you have more specific questions, related to your project, then do ask.