I bought two of these to be used as jack-of-all-trades mics on live bands for those times when I'm not sure what to expect, and just need lots of versatile mics for whatever might happen. The mic can handle loud sources, has a high-pass filter, and comes with three different capsules.
The fact that it's dirt cheap made it an easy choice to buy two just to try them out.
I've so far mostly used them on percussion instruments with pleasing results. They've fared well as snare mics, assorted percussion, for spot miking of cymbals, and over/underheads.
I have not needed the omni capsules much yet, so I can't say much about how they sound, but I've used both cardioid and hyper-cardioid to tailor the pickup pattern with good results.
The mic is not the smallest SDC I have, but it's fairly easy to find a spot for it in tight places, and it's not too heavy. The included shock mount, however, is quite bulky and annoying to deal with. I'd be much happier if it came with a "normal" mic clip.
The red colour is a bit cheesy, but it does give the mic a somewhat "expensive" look. I've often gotten comments like "Wow! What mic is that?" from artists, so I guess it looks good.
All in all a good mic. I'm confident it will do it's job of amplifying whatever I point it at, and it's cheap enough to not worry me when I put it close to something drunk people are gonna hit with sticks.