Here is the only case when I'd consider using this button: In character creation, I might click a preset button like the one used in "New Game: Flames of Vengeance", just to see what the developers think that type should have their stats allocated as, but I'd be just as likely to take that as a starting point to tweak that myself. In this game, since you don't start out with 140 attribute points to play with, it's not nearly as helpful.
I'd never use it from levelling up in the game.