After having it for a year, it's still extremely bright and wonderful. It survives the washing machine well.
It has Maka, Tsubaki, Soul, Black*Star, Liz, Patty, Stein, and Death the Kid on it. The only thing that's happened to it is that Soul's face started to peel a little, and that Maka's eyes are blue instead of green.
I still wear it a lot, and it's still awesome.