First of all some advice for people that buy this.... DO NOT USE a "clutch" type stand with this mic it is VERY heavy. I wouldn't recommend a boom style stand either. Use a good old-fashioned straight stand (without the adapter ring). I saw people mention in reviews that the mic was too "quiet". This is a Lo-Z (low impedance) mic, so if you plug it into an amp directly, you will need to use a line matching transformer because guitar amp inputs (1/4") are Hi-Z inputs. So don't "cheap out" and buy an XLR-to-1/4" cable and expect good results.
The mic sounds excellent. It seems to have a pretty large diaphragm, so you will get pops and sibilance if you get too close, but this is easily remedied with a pop filter or by learning proper mic technique. If the mic is used and handled properly you will not have a problem.
The sound is very transparent and works well as a vocal mic or ambient room mic. It isn't on par with some of my other mics, but I paid several times more than I paid for this, so I would expect that they sound several times better.
Overall, if you need a decent "all around" mic and you are on a budget...buy this!