Actually, I semi-dislike this feature, as it sometimes creates nonsensical sentences and I believe links should either be visible as URLs or make grammatical sense.
Example:
- You can read more about it here.
- You can read more about it at http://security.stackexchange.com/questions/39231/how-do-i-deal-with-a-compromised-server
- You can read more about it at How do I deal with a compromised server?
The first form is easiest to read and the second makes it clear it's a link. Granted, it's not difficulty to get the meaning of the third form, but it somehow annoys me.
Just a personal preference :)