This is more a decrapifier than an "anti-spy tool". Yes, it also lets you easily block things like microphone access and disable AI features, but it's not a firewall.
I started using it with Windows 10 because I could disable most of the crap Microsoft was using with a few clicks. When I reinstalled Windows 11, this was one of the first things I ran because of how much shit there's now (weather, news, recommended apps, ai, etc). I have almost everything disabled.
We can do the same by following some guides, setting up system policies and go to 20 different menus, but this does the same in 1 or 2 minutes.
Unfortunately, over the years, ShutUp10 has also suffered from some enshittification itself. Now there's a message tell you to buy the premium version, more branding, etc. I understand why, and considering it still does the job and still runs without having to install it, perhaps I shouldn't complain too much especially when it's free, but it used to be more "bare-bones"... something that I prefer on these tools.