Pretty much what Razel said.
The toolbox will allow you to view drive information or SMART data but outside of an Intel SSD, thats all it will allow you to do.
The Samsung SSD Magician is quite a polished piece of software with a manual TRIM function along with other features. OCZ has a toolbox but its rather wishy washy and doesn't do a lot. Does not have a TRIM feature.
The toolbox works fine on Windows 7. If you use the default msahci driver or a modern Intel RST driver than TRIM should be native and you should not need the toolbox for TRIM. However, I use W7 with the latest RST and I find that optimization takes longer if I haven't done it for a while, which would suggest to me that TRIM isn't automatically taking place.
Either way, I read the Intel user guide for the SSD toolbox and it said that using the optimization tool would not wear the SSD in anyway.