The Jargon File (version 4.4.7, 29 Dec 2003):

fritterware
 n.

    An excess of capability that serves no productive end. The canonical
    example is font-diddling software on the Mac (see macdink); the term
    describes anything that eats huge amounts of time for quite marginal gains
    in function but seduces people into using it anyway. See also window
    shopping.


The Free On-line Dictionary of Computing (30 December 2018):

fritterware

   An excess of capability that serves no productive end.  The
   canonical example is font-diddling software on the Mac (see
   macdink); the term describes anything that eats huge amounts
   of time for quite marginal gains in function but seduces
   people into using it anyway.  See also window shopping.

   [Jargon File]