The instrument itself looks great, sounds great and feels pretty solid.
Considering the low price of this thing, I was very positively surprised.
It holds it's tuning pretty well, the fretwork is alright and the feel is also quite good.
The sound is a little thin for my liking, but nothing too drastic.
What I'd recommend for anyone getting this one however, is a new set of strings as soon as possible, as the new strings really help with the thin sound and the overall "rough" feeling.
For the price, it's a great banjo for beginners.