I am very pleased with this pickup. I use it on my banjo and this is the best pickup I've ever had so far.
I run it through the Fishmann pro EQ preamp so I can cut the unwanted noises and balance the trebble/middle/bass frequencies.
You have to solder the wires to the switchjack, so you may need to go to a music store if you do not have access to a soldering iron, which will cost you some money to take into account.
Overall, I am very satisfied with this pickup and I recommend it for banjo amplification onstage. I also recommend using a good preamp for optimal sound quality.