I have no idea if this can be used for other carries (I would assume not since none are listed) but as a mama to a child who constantly wants to be in arms and usually ends up on my hip I would consider it a worthwhile investment. I do love my pouch for it's simplicity, ease of use and for taking up so little room in the diaper bag, but I think this product looks a little more comfy for hip carries. The seat is padded and appears a little more gentle on babe's legs and of course the rings give a great deal of adjustability whereas with the pouch you only have the shoulder flip option. Also, distributing some weight to the hips would be helpful.
Pamela - I have a "thing" for spelling too! :LOL