Hell no, I would have gotten rid of it in a way no one could use it.
He threw it away to easily. I would have buried it or burned it or thrown it in a ocean or lake.
That thing is to freaking powerful to be in anyone's hands and if some idiot got control of it it could seriously eff their life up royally. Sandler's character was lucky it was a dream.

The Remote reminded me of "The Monkey's Paw". You may think it is a great thing to have but it ends up turning your wishes against you.
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http://theblackrosecastle.com

At the end he is able to get rid of it,but i would have kept
But the problem is that you always lose control of it after you use it. That was kind of the main point of the movie, didn't you remember the scene where he goes to Mort and says, 'but I didn't even hit fast forward', and Mort answers, 'It remembers your choices and automatically selects them for you'.
So if you select, 'skip past argument with wife (or sex with wife ouch!)' it will always choose that option for you.
Unless you are going somewhere else totally with that suggestion, like only use the pause / un-pause feature. Pause hot jogger, carry her to room eh, never mind.

At the end he is able to get rid of it,but i would have kept
I use to own this town Now my life's been turned upside down Just a phase I'm going through

He tried to- he threw it away and it immediately appeared back in his hand, he threw it down and stomped it into pieces and magically it was back in his hand- there was no getting rid of it.