I've had this for ~10 years and it's been worth every penny twice over.
I never guessed it to be anything much, but I have been surprised to say the least.
It might not be the "smoothest" the "nicest" sounding, but it works, it has worked every time and never let me down and still works after all this time.
It has been used for single mic drum recordings, for vocals, acoustic guitar, for podcasts for voice over, for ambiance micing, for mono room mic... and it has handled everything well enough with no complaints.
As I gather more mics, more expensive mics... it still will be used alongside with them. Until it dies, if it ever does!