Feature:
Records as it says it does. I didn't need phrase playback but would have appreciated the ability to overdub or jam along.

Quality:
Seemed fine.

Value:
Not especially stellar considering the sound quality offered.

Sound:
See overall comments below. Average using built in mics. Quite good with external plug-in mic.

Ease of Use:
Was cake simple to figure out.

Overall:
I auditioned this unit in comparison to the $100 less expensive Yamaha 2G which is very similar but with lower quality mics built in. Both function very similarly. I found the sound quality for spoken word to be great, and for acoustic jamming, also quite fine. For recording a live band in a practice space (my intended use) I found the cheaper 2G to be a tad compressed and "washed out" sounding with a not very extended high end. The CX sounded clearer but with a reedy high end and poor bass response. Both models sounded FAR better when using a plug-in external stereo mic like a ATM-822. Lastly, the 2G plugs directly into your USB port without a cord. Convenient, but the design makes the USB port support the device, and it feels like it is putting strain on the port floating out of the side of your laptop 6". The CX uses a micro-USB cable to plug-in. At $400, I'm not sure this product is a great deal. I'd expect the mics to be better for the money, otherwise, you can just use the cheaper 2G model with a external mic and get better sound than the CX.