Purchased the complete suit separate set in Blue, and think it's very nice for the price.  I've seen suits at the twice or three times the price with less quality.  The fit is more modern and athletic, and runs a tad bit smaller than a more traditional cut.  This suit is not Navy so keep that in mind.  It's a few shades lighter, so probably more in line for your less formal events/meetings.

The pants run true to size as does the jacket. I cannot comment on whether the suit will last, but it seems to be solidly built of good material. For the price, you cannot beat this deal if you don't wear a suit regularly.