Just bought this mic, working fine from the word go, obviously it requires phantom power, but all condensor mics do.
At first, seeing the price, the immediate thought is "this is going to be a horrible mic", but oh how wrong I was.
The response is excellent, the clarity is remarkable and it has a great feel to it and everything.
There is a difference between the professional mics and this one, but it is MINUTE. Investing in a more expensive mic is really paying £300 or more for a more or less unoticeable difference; its just a waste of money.
If you want to record music for fun, and are on a limited budget, BUY IT.
If you are a complete perfectionist looking to make a career out of music rather than a hobby, maybe buy a more expensive one... but even then, you could probably get away with this!
I'm convinced they have priced this wrong, its worth at least 3 figures!!!