Pros: Inexpensive, good grip, easy to sharpen.
Cons: Doesn't hold an edge with much use.
This knife has a nice, comfortable design. At around $30, it's a great value. It doesn't hold an edge as long as some more expensive knives, but is easy to sharpen. If you run it over a steel now and then, it will hold its edge for some time. If someone else grabs it and uses it, you won't spazz as much as they can't really hurt it, and even it they did, you're only out $30. Less stress for good performance.