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I've had this radio for 3 years. It's doing incredibly well, particularly given that I've taken it round several countries travelling and it still works.
The good: it's incredibly lightweight and it doesn't take up much space in your pockets and / or bags. Another thing is that the battery lasts for aaages. When it comes to setting the stations, it's really easy. When I was travelling, I reset the stations pretty frequently (probably every few weeks), and I did it without fuss and without the radio dying on me, which I've had happen before with other radios.
The bad: the aeriel is in the headphones. So, if you lose your heads phones (which I have done plenty of times!) you can't just borrow your friends and expect it to work. It does have a setting that will improve the quality of the recepion with someone else's earphones, but it isn't great.
In short, this is a fab radio if you're good at keeping the earphones with the radio! The battery usage is incredible and it's really user friendly.
All in all, an excellent product.