I would say the idea is pretty cool, and see no problem with it so long as it does not become a widespread practice.
For those with religious objections to this- If you believe in God, and that God created all of mankind, then you must therefore also believe that all of our abilities and unique characteristics come from God. There is much talk of 'spiritual gifts' and their ilk in religious circles. I would say that the greatest ability our species has would be our brains. From that angle, a religious person could see all science and technology as having come from God. That would include clones.
Religious debates aside, I don't really see any moral or ethical qualms regarding this- most issues people have with cloning tend to have to do with what the purpose of the clone is.
I can understand moral issues with cloning humans and then treating the clone as inhuman, performing experiments on it, and denying it basic human rights.
In the case of cloning for the purpose of raising offspring, though, I don't see any moral problems.
The only issue I see with it is the lack of genetic diversity- genetic diversity is paramount to a species ability to survive in changing conditions, fortify itself against infections, etc.
If the practice of cloning for reproduction became widespread, it could potentially cause disaster, as it leaves the whole concept of natural selection and favoring of "stronger" genes.
As we are now, our genetic diversity isn't a major issue, as most problems can be solved through medicine and technology. However, there are still diseases out there that we cannot cure, there have been terrible plagues in the past, and natural disasters (such as the potential for another ice age, if you believe those sources). To survive the worst of these as a species, we'll need that ongoing genetic diversity to ensure that some people, somewhere, have the right makeup to resist infection, survive harsh conditions, etc.