The good thing about Vegemite is... well, there's nothing good about Vegemite. But seriously, it's not as bad as all that. What trips people up is the fact that it looks a bit like Nutella, leading people to think it will be sweet, when in reality it's savory. The flavor can best be described as salty and yeasty. Best used sparingly, it makes an interesting complement to buttered toast or goes great in a grilled cheese sandwich.