I have done it before and I won't say I'll NEVER do it again but I will say it's HIGHLY UNLIKELY I will ever do it again. I'd do it ONLY if I expected 1/2 MOA or better accuracy from the barrel once all was said and done. That for me means a small bore (6mm or under) that will have as a primary use target shooting or long range varmint hunting.
Even then I'm not convinced it really made any difference in accuracy and the main benefit I see from such a break in procedure is that it does tend to make the barrel foul less and clean easier/quicker.
I no longer do a barrel break in procedure on my guns.