I have had this for a number of years now. It still works fine. The only thing that needed changing was the 3rd valve guide which wore down. Great sounding instrument. Great for a beginner or for a player where this is not your primary instrument.
The valves are much better than expected. They work flawlessly when using a better oil (Hetman nr2) than the one provided with the instrument.
The silver finish is excellent - shiny and nice, no dents or so.
My trumpet teacher tried the instrument and was very happy with the sound - nothing to complain about. He offered to buy my Flugelhorn but I'll keep it myself :) However, the G tone just above the system is a bit low when I play the instrument - most likely since I don't practice enough. The G tone is however OK when my teacher plays. He suggested me to buy a different mouthpiece (more shallow and smaller, trumpet like) or simply do more practicing :)