In my opinion it's far more useful than the local yellowpages, because it provides reviews as well as directions to local restaurants, events, shops, and services in cities across the US.
By visiting Local.com, I was pleasantly surprised to learn that Margie's Candies in Chicago was not only still around, but it continued to serve up the same yummy ice cream that I remember from my childhood. They've been around forever and the ice cream creations are huge. I can't wait to visit again and enjoy the delicious hot fudge.
Links were provided, opinions are my own.