Pros: Low cost, it looks great, holds enough cards for my needs (3), and is thin enough to carry in my front pocket without bulging and discomfort.
Cons: The clip holds my cash a bit too tightly. It's kind of a pain to get cash in and out. But since I don't use cash that often, and I could get some pliers and adjust the clip if I really wanted to, this is a minor gripe.
Update: After a few months of use, the clip has naturally loosened up to a user-friendly torque. I have been happy using it as my primary wallet.