i saw many interns in my time at XJT. Some liked it more than others, some of the pilots I flew with were former interns. As Clocks (and others) mentioned above it is mostly an office/paperwork sorta job, however everyone who does it gains a lot of experience. The training center has been slow lately (no new hires/upgrades) however that allows for you to gain more experience from the instructors who would otherwise be busy.
When I interned at UPS they hadn't hired in 3 years and it was a slow time like this that allowed me to gain valuable time/experience with otherwise busy guys with lots of knowledge to impart. UPS still isn't hiring, and I'm far from being qualified to apply, but its some good experience I've used in the mean time and may help again later....If/when they hire.
If you do the internship at XJT, make friends with the ground instructors in any spare time. They can teach you a lot, could use the office distractions, and are generally nice guys reasonably close to you in age you could hang out with locally if you are not from IAH. I am sure they would go out of their way to help you gain some valuable experience in/out of simulators and classroom. How would I know? I used to be one.......