I've had this snare for a week now, and so far I'm very impressed. The sound is great, experimenting with tuning can get you many different tones from this drum, and the internal dampener (or whatever it's called) can get you a really dead sound (which I imagine will be great for recording, especially in a small room). I have only used this snare for practicing so far.
The snare wires and drum heads don't seem to be the greatest, but with a ~50 euro investment you'd be able to get it set up real nice.
The finish looks great, and I love that it has the old Ludwig badge (although it's black and white instead of the classic blue and olive.) Again, I haven't been using this snare for long, but so far it performs so much better than a 170€ piece of gear.
I would recommend this snare to someone who wants to try out a piccolo snare (which is why I bought it) or someone looking to upgrade from their second-hand, beginner-grade snare drum. If there are any cons to this drum I haven't found then yet.