It's really actually a very versatile stitch too. I call it the "stockinette stitch of crochet." With a larger hook it can be soft and smooth. However, with a smaller hook and a double strand I made a purse that stands up on its own:
It's nice and tight and doesn't leave a lot of holes, very smooth and flat, and there isn't really a right and wrong side to the fabric, so it's great for double sided things like scarves. Because it's a tight stitch it can also be very sculptural with the right hook and yarn.
In any case, I'll post the scarf once it's done, it's slow work, the silk is a bit slippery and if I'm going to spend that much on premium yarn I want to take my time and not split it. (also I tend to work on 6-10 projects at once, continually rotating through whichever one I feel like working on at the moment)