For me, it wasn't particularly accurate at best, but it's tendency to get a bit overexcited in the 4 - 5 range, and read it as 2 - 3, meant that the hba1c prediction was not even close - if memory serves, it was about 10 - 15 under, which is quite a big difference. I guess it also depends on if you think you are likely to be lying on it at all overnight, because the 'compression hypos' it suffers from are extreme, even if it is just squeezed between your arm and your body.
TL;DR - I wouldn't put too much stock in the predicted hba1c value.