Does the "smart" email send time actually work?

I am on my second try and it does not seem like it actually sends. Has anyone had success with the new email delivery time thing?

Update > When it says send “today” it actually does not send until the next day. So, new email feature will not work with time sensitive email marketing. My Cinco de Mayo email, while scheduled Saturday morning, did not send until today (Sunday), one day after Cinco de Mayo.

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