I brought this remote in December when I was looking for something extra to add to my "Secret Santa" present for a friend and found this for £13, which was ideal to bring me up to my £30 limit - and while I was buying it for them I decided to get one for myself - why not, after all it was Christmas?
I know remote controls aren't particularly exciting but it seems good quality, plus its small and light; personally I would have preferred a matt finish, but that is just me.
After some light to medium use (as I tend to do most of my DVD etc. view on my PS3) I have found that the remote seems to do what it is supposed to do - i.e. it turns the Xbox on, navigates the menus, selects whatever content you want to view, plays it, pauses it, stops it, etc. - it even controls the TV (something which my PS3 remote cannot do as it uses Bluetooth tech). I personally didn't find this too difficult to set up, but I would say that the instructions left a little to be desired and I think the more technologically shy would spend a little bit more time than I did trying to get it working.
Again, the remote controls the TV (mine is a Sony Bravia HDTV) without any problems - turns the TV on/off (standby), changes standard channels, selects the alternative inputs such as HDMI 1, 2, 3, etc. changes the volume... and so on and so forth.
The only thing I can say against it would be that you have to make sure you are pointing directly at the 360 - and I know this is the case with all standard remotes (well, usually the general direction and this seems a little more direction sensitive) but I've probably been spoiled by the PS3 bluetooth remote, as you can literally point that anywhere and it will do as instructed. And the only other minor point would be... it's not particularly necessary... and do we really need any more remote piling up on the [insert your preferred remote location here]?
Overall though worth a buy, especially if you've got a spare £13 you don't know what to do with and you prefer the feel of a standard remote control to a 360 control pad (which no doubt, some of us do).