I use this as a talkback mic in my studio, which it does quite well. I definitely wouldn't use it for recording, or on stage though.
It's very, very susceptible to handling and floor/rumble noise, and my one can sometimes get noisy (like, really noisy) if 48V phantom power is left on. It's very gain-hungry. It also doesn't sound fantastic, it sounds cheap.
The switch is flimsy, but I don't use the switch at all.
But as a studio talkback mic, where I just use it to communicate with musicians in other rooms, it does the job just fine.
If you want a versatile cardiod dynamic mic for stage and studio, look at the Sennheiser e835. I've a bunch of the usual studio/stage dynamics and these are my favourite. Relatively inexpensive, tough as nails, good-sounding and reliable.