These shoes are ok for the price, but the uppers are 100% corrected grain (i.e. cheap, inferior leather which has been sanded down and built back up with laquers and polishes).  They were full of unsightly creases after the first day I wore them.  The leather soles also wear much faster than my other leather soled shoes (i.e. Allen Edmonds, Alden, Johnston & Murphy).  Also, the "penny" holding part of these penny loafers has been glued to the upper, so you can't actually put any pennies in them (not that you'd want to, but still demonstrative of cheap construction).

The fit is good -- I needed a "B" width, and these things don't slip off my heels.

The comfort is ok -- what you would expect in a penny loafer, but not otherwise outstanding (as is the case with a cork-soled AE).

Bottom line: you get what you pay for; these shoes costs me $50.  But if you want quality, go buy yourself a pair of Allen Edmonds (i.e. the real deal).