So I just got this product recently and it really does sound great. It is a very high quality mic. My only problem with it is that it is very inconveniently sized. I don't mind the size of the actual mic itself. It is cute and compact. But the wire that connects it to the iPad is very short. Yes, there is a much longer one available, but it is not cheap. If you're like me and bought this with your babysitting money, you may not want to pay $30 for a longer wire. The little tripod that comes with it is very small, and if you want to attach the mic to a larger stand, you have to buy a $40 stand adapter thing off the Apogee website. So, basically, if you want to get the most out of this product, you will end up paying alot more than $200.
Easy to use, great quality. I had it up and running as soon as I got it home. It takes a bit of tweaking to get the right combination of gain on the mic and input level set. It works great with Multitrack on my iPhone. One thing I would like to see is a clearly readable level marking on the gain knob. That way, multiple users with different needs can set it up easily without having to guess where the slider ought to be. And a more readily visible level meter. As a trumpet player, my bell is pointed right at the mic, so I can't tell how much gain is enough or too much until I listen after the fact. Works well with Logic studio as well.