Okay, so I've had it a day....here are my thoughts so far.
First and foremost, I'd like to point out that I have absolutely no intention of recording records like the other customer review above me so I can't talk about those features.
What I can tell you is that it works exactly as described
+ sound works on 2.1 and 5.1 speakers
+ its plug and play on Windows XP - you literally plug in the wires (USB) and audio output and it works
+ a drivers disc is packaged with for Windows Vista
+ if you have a dodgy soundcard on your laptop and need to replace it, this does the job
+ aesthetically, it looks real cute
+ it plays with no problem, sounds real nice and all without breaking a sweat!
I would recommend this product.