This is probably the closest I get to a real Yamaha CP-series electric grand piano.
The choice of sounds Yamaha put in this little machine is quite something. Aside from the amazing CP, you get a really good Wurlitzer, a good Rhodes Mark 1 (though some of the upper keys produce a bit quieter tone than the others, like you had a broken pickup in a real Rhodes), a very early 1980s sounding Rhodes Mark 2 (not a huge fan of the sound), a mediocre Clavinet, a weird toy piano, and a pretty good acoustic piano (which for the life of me I cannot understand why it is hidden).
The effects are really good aside from the wah, which is very underwhelming and barely resembles a wah wah pedal or an autowah (not sure which one it is trying to be). The phaser, when together with the Rhodes Mark 1 sound eats a lot of higher frequencies from the sound (a bit like a real phaser would), for my like a bit too much, so for that I would recommend using a real phaser pedal. The chorus sounds absolutely wonderful with the CP and the Rhodes Mark 2, while the tremolo goes really well with the Wurlitzer.
As many have stated already, the keys are really small and, well, not that usable in a band setting. You can overcome this by plugging the Reface CP to an external keyboard via MIDI or by USB, if you use a computer or a host module, if your MIDI keyboard doesn't have a MIDI port.
Also the onboard amp and speakers are borderline usable (the volume output is really low and distorts easily at higher levels), so connecting the Reface CP to an external amplifier is really recommended.
So, to summarize: for a gigging musician the Reface CP works best as a sound module, controlling it via an external keyboard. The sounds are (mostly) way better than what you get in a 2000€ workstation/stage piano. Especially the amazing CP electric grand sound is alone worth the 411€ price.