I've been using IntelliJ for about 5 years now (since version 4.5) and I also read through most of the Manning book "IntelliJ in Action" and I still wouldn't consider myself a guru on it. In fact, I also wanted to do "plain old Java development" with it, and honestly I have to say that it's quite good at that. Like the other answers, I can only say that there's a definite edge in it's helpfulness that really puts it over the top. We use Eclipse here at work also, and while I don't have as much experience, I can tell you that there are definitely a lot of basic things lacking in it. I put in some serious time and effort to learn Eclipse, looking up how to do the everyday sorts of things I take for granted in IntelliJ, and they're mostly not there or very poorly implemented. The refactoring stuff is definitely the thing that helps a lot.
Aside from the refactoring, I think there are just a ton of small touches that really make this helpful. I think an example might help clarify...
Try this:
Create a new, empty class. Move the cursor inside the braces and do psvm and hit Ctrl-J - this expands the "psvm" into "public static void main(String[] args)". There's a whole list of commonly-used idioms that this shortcut will handle (and it's configurable, too). Inside the main code block, enter this code:
public static void main(String[] args) {
int x = 1000;
sout
}
At the end of "sout", do Ctrl-J again - you'll see another popup that let's you choose from some different expansions, but in general this expands to "System.out.println("")" and helpfully puts the cursor between the double-quotes (it's small touches like this that really make it shine, I think. Compare with Visual Studio's "IntelliSense" - a total crock if you ask me).
Anyway, backspace over the first double-quote - notice it deletes the matching double-quote? It does the same thing with braces and brackets, too. I think there are a few corner cases where I prefer it doesn't do this, but the large majority of the time it helps a lot. Back to the code editing: just type x so the code now looks like this:
public static void main(String[] args) {
int x = 1000;
// add a few blank lines here too - the need for
// this will be obvious a little later
System.out.println(x);
}
Now, move the cursor over to the declaration of x, and do Shift-F6 - this is the refactoring in-place dialog (I dunno what to call it, so I just made that up). The name "x" gets a colored box around it, and you can start typing a new name for it - as you type, all uses of that name get dynamically updated too. Another neat touch I really like.
Try this: put a really long line comment somewhere, like so:
// this is a really long comment blah blah blah i love to hear myself talking hahaha
Now say you decide the comment is too long, so you move the cursor to the middle of it somewhere and hit Enter. IntelliJ will put the remaining portion of the comment with a "// " prepended - it "knows" this is a continuation of the previous comment, so it comments it for you. Another neat touch.
// this is a really long comment blah
// blah blah i love to hear myself talking hahaha
Another big bonus I like about IntelliJ compared to Eclipse is that it's much less intrusive - I really hated how Eclipse would manage to get popups on top of popups, and mouse focus would be somewhere but keyboard focus is stuck on something underneath, etc. I think it's possible to work in such a way that these sorts of things don't happen, but it annoyed me immensely in the first place. That reminds me, in IntelliJ if you move the mouse cursor over the package or file navigator in the left pane, that panel gets the mouse focus automatically, so I got accustomed to using the mouse wheel immediately to look around. In Eclipse? You mouse over, but focus stayed on the editing pane, so you have to CLICK with the mouse to transfer focus, and then be able to use the mouse wheel to look around. Like I said, it's a lot of small touches like that which help with productivity.
As you code around, pay attention to the left gutter bar for red "light bulb" type symbols on the current line - this is IntelliJ telling you there are possible things it can do. Use Alt-Enter to bring up a small in-place dialog box, and it will tell you what it can take care of automatically. Say you type in a method definition named "getFoo()" and there's no foo member - it will offer to create it for you. Or if you're using a class and call a non-existing method on it like getFoo() - it will offer to create a getter and a member, or a regular method. It's just plain helpful.
Overall, I'd say small touches are not what IntelliJ gurus will really want to talk about, but I really appreciate how these sorts of things are just "well done". They take care of small details so you don't have to spend so much mental runtime checking your own syntax. I think of it as a butler helping me out with my coding - it takes care of small chores for me so I don't have to. Batman has his Alfred, and I have my IntelliJ. All the settings are excruciatingly laid out for you to modify if you like, but it just seems like the defaults are all geared toward improving your productivity, instead of bothering you all the time with really mundane decisions (especially those which you would almost always make the same choice anyway).
There are some definite drawbacks to IntelliJ - the price is a bit high, and it's quite large that it can take a while to load up on a large project. I'm lucky in that my company pays for the license as well as a very nice workstation so it loads up reasonably quick, but your mileage will vary.