Alright for the money,
I bought one of these two years ago and use it mainly for mountain bike ride photos. I've used it in the rain, snow and mud without any problems.
It's small, simple to use and robust. Occasionally it will take an amazing photo. Most are alright, though it will sometimes return poor photos.
My main gripe is with the battery performance in the cold. I have to put the battery in my pocket to keep it warm otherwise it will start claiming that the battery is flat. It can do this within half an hour on a cold day, even with a fully charged battery.
My other gripe is the slow response speed when trying to use it for action photos. I just press the shutter early and hope that it catches something.