[theme-reviewers] Feedback on use of query_posts please - Bad idea?

[Zulfikar Nore]

I've read around that using query_posts is bad but I've seen many a themes using it and get away with it.
My case is I'm trying to put together a template-blog.php for StrapVert and this is what I've come up with so far:
add_filter('option_show_on_front', '__return_false');  global $wp_query;    query_posts(array(	   'paged' => $wp_query->get('paged'),	   'post__not_in' => get_option('sticky_posts'),    ));
  global $more; $more = 0;    get_template_part('index-blog');       $more = 1;remove_filter('option_show_on_front', '__return_false');
   wp_reset_query();wp_reset_postdata();
But before I add these changes to the theme and submit an update I'd like some feedback on "How Really Bad" is query_posts and can I "get away" with the above?
Thanks in advance,Zulf  		 	   		  
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