It's an incredibly healthy fat. There's been a lot of misinformation in the past because of the fact that it's a medium chain fatty acid and is a saturated fat.
However it is incredibly healing, contains both caprylic and lauric acid (only otherwise found in breastmilk!) and is also thermogenic. It raises your basal body temp and is great for the thyroid, as well as fighting yeast and healing the gut. And because it's thermogenic it requires the body to work harder to burn it resulting in a higher expenditure of calories.
People have vilified MCFA across the board without distinguishing between the goodies and the baddies....similarly to saturated fats, which it also is!
Another issue is that the big study that was done using CO did so using hydrogenated coconut oil. The good stuff (extra virgin coconut oil) is NOT hydrogenated. The study has no relevance.
My two cents!