I see sequence diagrams and activity diagrams used fairly often. I do a lot of work with "real-time" and embedded systems that interact with other systems, and sequence diagrams are very helpful in visualizing all the interactions.
I like to do use-case diagrams, but I haven't met too many people who think they are valuable.
I've often wondered whether Rational Rose is a good example of the kinds of applications you get from UML-model-based design. It's bloated, buggy, slow, ugly, ...