I love the new lightning connector. It has this very satisfying 'click' when you connect it in to the port. Charges and syncs just as fast as before, if not faster. You can insert the cable right side up or upside down and it recognizes both ways. Seems sturdy and high quality, just as you would expect from Apple.
The downside: just as you would expect, you pay a premium for this better quality and better materials. There is also a level of control from Apple over the third-party market, and this has increased the price of third-party accessories as well. Being that these are mass produced on such a high level, I would expect and wish the prices to come down faster and to a more affordable level. This is the reason for one star off.
Overall, great product and the best of the consumer-level quality that is available.