Is Pascal's Wager worth taking? I say no.

If you're not familiar with it, I will summarize it:

"The possible benefits of believing in God makes not believing in Him not worth it."

Now, there are quite a few issues with this. For one, which God?

What if God doesn't reward blind faith?

What if God rewards Atheism, for whatever reason?

What if God only rewards those that seek the truth, whether or not they've found it?

What if God only judges based on action, and not on belief?

See the following:

Suppose there is a God who is watching us and choosing which souls of the deceased to bring to heaven, and this god really does want only the morally good to populate heaven. He will probably select from only those who made a significant and responsible effort to discover the truth. For all others are untrustworthy, being cognitively or morally inferior, or both. They will also be less likely ever to discover and commit to true beliefs about right and wrong. That is, if they have a significant and trustworthy concern for doing right and avoiding wrong, it follows necessarily that they must have a significant and trustworthy concern for knowing right and wrong. Since this knowledge requires knowledge about many fundamental facts of the universe (such as whether there is a god), it follows necessarily that such people must have a significant and trustworthy concern for always seeking out, testing, and confirming that their beliefs about such things are probably correct. Therefore, only such people can be sufficiently moral and trustworthy to deserve a place in heaven ? unless god wishes to fill heaven with the morally lazy, irresponsible, or untrustworthy.
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Then, there's the counterpoint, that is, the Atheist's wager that is leveled against the religious:

"You should live your life and try to make the world a better place for your being in it, whether or not you believe in God. If there is no God, you have lost nothing and will be remembered fondly by those you left behind. If there is a benevolent God, he may judge you on your merits coupled with your commitments, and not just on whether or not you believed in him."

Also, Pascal's wager doesn't constitute true belief, thus, Pascal's wager isn't particularly useful, if God only rewards true belief.