No an address logger is a rip off. You can use an address logger if you already know how to find the addresses yourself, or you want to find the same addresses as everyone else. any hacker should know how to properly memory scan.
Think of it this way an address logger is used to find pre-found signatures in the game's code. They allow coders to spend less time searching for well known addresses and more time coding.
But if you want to create a new hack your going to have to get down and dirty and searching through memory will help you master finding new things in this game, but other games as well. It's up to you do what you see fit. You might want to do both.