We were new to music and literally just starting up our band and so we went to a music store to try and buy some new gear. We bought the Shure PG48 at about 40 pounds. It was at the time pretty decent. We of course did not know that shure was one of the biggest brands when it comes to music, and in particular microphones. The quality of this microphone is pretty good. It is what i would class as semi-professional. You can use this for general singing or speech applications and not feel like the microphone is letting you down. I would say its about ten times better than the cheap microphones that you can get for Karaoke. But on the other hand i would not consider this as the kind of microphone that one should buy for any kind of professional outfit. You will be able to tell that this is not a professional mic once you try something like the Shure SM58 which at the moment is the industry standard. If you are on a limited budget, i can recommend this mic, but if you were able to stretch to about double what you are willing to spend on the PG48, you will find a high caliber mic that will definitely be worth your investment.