Yippee if you have to dig it out (OK it's hard work, but it's a marvellous work out and cheaper than the gym membership). Other than hiding the neighbours, this plant doesn't have much to recommend it.
If you do replant, I'd replace it with Western Red Cedar (Thuja plicata). Does exactly the same job, but a slightly slower growth rate. It can be cut back into old wood and will re-shoot, and it's a nicer, brighter green. Finally, it smells fruity so cutting them is a pleasure...