I ordered this 29th of January 2011. It arrived today, and it was everything I expected; nothing too shabby and the built is quite good. I only have minor experiences over tripods, but already so much that I can tell what I think of this one.
+ the legs are sturdy, which means that they are not going to flip easily. I had to use minor force to set them up correctly. Which is great because you need to have a stable tripod for great shots.
+ the quick release lock is quite good. I attached the quicklock onto my 550D (EOS Rebel T2i), so I can swiftly attach the DSLR on top of the tripod if there will be a need to do that.
+ ball joint feels well built enough for the time being, it is precise and locks easily.
+ size and weight, only 1200 grams
+ value for the money
- legs do bend a little. I didn't try to bend them too much as I fear I would use too much force so it really would snap.
- the stableness isn't the best when the tripod is set up as high as possible (quite obvious thing), so you need either stable hands or have to use a remote controller / selftimer to get a really steady shots
- the leg clips aren't as good as I imagined. They are not as sturdy as one might want, but they lock up easily and tight.
I didn't have the time to really use the tripod in many situations YET. I will inform you guys after a months use or so, and update this review. For the time being, I couldn't be happier for my purchase. It is small in size, low in weight, cheap for what you get and great looking. I would definitely recommend this product for someone who's thinking of buying a good, cheap and light tripod. It's not the best you can get, but great value and might be the best tripod for new photographer.
New addition to review:
After 5 days of use I've made up my mind. This is the best tripod for that sum of money. I tested 6 different cheap tripods between the days, and every single one of those other tripods were flimsy, bendy, not anywhere near to be called sturdy or stable, and just plain weak. This tripod has great structure, it's legs are stable, it does not fall if some you're outside and the wind blows a bit harder (those other tripods I tested would...). The tripods I tested were cheapos, and some of them cost even more than this one (on a Finnish photographing store)! So this is definitely one of the best buys you can get. Full five stars.