I like the look of the braided black leather, I think it's generally more attractive than a plain chain, and it is less distracting from the pendant (a cross in my case) than a really fancy chain.
This is a thick, stiff cord, so it doesn't come to a point where the pendant hangs unless it is a VERY heavy pendant. That's fine with me, but it does cause the pendant to sit a little higher than it would on a flimsier chain, but not by much.
The clasps is a "lobster claw" meaning that it opens on the side rather than the end. I prefer this kind of clasp because the weight of the chain and pendant isn't put on the piece that moves...and even if something does snag the clasp and open it, the other end doesn't fall out. (My wife actually lost a necklace this way a few months ago.)

If you're looking for a heavy chain that won't distract from a cherished pendant, this is an excellent choice and I highly recommend it.

*********  6-month Update  ***********
I've been wearing this, with a rather heavy metal and glass cross hanging from it, for six months now, and I haven't had any problems. It doesn't show any signs of wear, it still bends in a curve without coming to a sharp point, and there has been no fading or discoloration of the finish.

I've seen quite a few reviews where the owner has had problems after the cord got wet. I have worn this in rain, snow, and sleet and haven't had a problem. Maybe their cords just got a lot wetter then mine has, maybe they didn't dry the cord out well after it got wet, or maybe it's just "your milage may vary"...but I haven't had any problems with it.

I still recommend this if you need to wear a heavy pendant.