If the runner encounter it 3 times or less, Wall of Static is a better choice. So, obviously, you'll want this one where the runner will run (very) often.
It can be viable protecting archive against any deck with Datasucker or on centrals in Jinteki: Replicating Perfection, but not on periphery since the runner will just bounce on the ERT routine (after Pup or Komainu maybe?)
Personally, I use it in Jinteki: Replicating Perfection to protect my economy assets (Sundew, Mental Health Clinic, PAD Campaign and Melange Mining Corp.). Every time the runner runs it to trash my Sundew (and you know he will) it's become more and more expansive.