Pros:
Durable.
Good zoom length.
Nice sturdy storage case.
Cons:
Has rainbow effect.
The telescoping part is a little stiff.
There was a little dirt on the inside of the lens.
The boards were all slightly different sizes, and some of the holes weren't totally punched through, but that's to be expected given the price.
I did find that the solder pads can come off if you heat it too much repeatedly, but it shouldn't be a problem if you're careful. I'm not that experienced at soldering anyway.