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Google is getting VERY good at catching spun content so you'd better be talented at manual spins. If they DO catch you, of course they'll spank you... and hard. So anything you use spun content on is inherently AT RISK. Worse yet... Google gets better at finding spun/poor content every year. So in the longrun you're screwed. I'd weight your other options and see if you couldn't find a cheaper source for manually hand written content.
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Spin Rewriter 9 rewrites content on paragraph, word and sentence level. It also turns sentences around and makes sure that only appropriate synonyms are used. Aaron added a special ARTICLE GENERATING ALGORITHM to Spin Rewriter 9.0. This algorithm makes sure that the generated articles are even more unique, and even more readable — if that was even possible!