I haven't personally had that experience, but I know people who have. I really think everyone's reaction is different. I know some people who wound up angry because the "amends" did not match their expectations. I know some people who felt good about it.
I think one of the key things is to keep your expectations under control--i.e., don't have any. It's totally up to you whether you want to meet with him or not. If he is working the Steps the way they are taught in the Big Book, you won't hurt his recovery if you refuse. Making the gesture is what's important to his recovery--not your reaction to it.
I'd take a few days to think about it.
Oh, and one other thing--unless you are a victim of abuse or feel that he is contacting you with bad intentions, I wouldn't ignore it. If you don't want to meet with him all you have to say is that you appreciate the gesture, but you really don't want to see or talk to him again.