Currently working on a new theme and currently debating on which one looks better:With featured text: http://zeotheory.com/wp-content/uploads/2013/04/Screen-Shot-2013-04-30-at-18.45.28.png
Without featured text: http://zeotheory.com/wp-content/uploads/2013/04/Screen-Shot-2013-04-30-at-18.45.50.png
Definitely WITH, but with option to disable it. And leave it enabled for preview page, it looks better.
And if you use bigger fonts on this featured text field, I think it will be more effective, it’s only my opinion of course