Needed a no nonsense mic for occasional vocals, and with the SM58... what can you say? The price is right, there's every good reason for its reputation, and it suits my voice. Perhaps a little low on output, but with a decent pre-amp and for live settings, that's minor.
The cable's quality is good - long enough for most applications, and not too long for most of the others.
As for the stand, I sometimes miss an extendable boom - but since I play keys, and need a good reach anyway, the bundle is quite a sweet deal.