This is my first ukulele and I think it's pretty good for the price. The sound is bright and clear. As others have mentioned, the C string loses tune more than the other strings, but this might be an issue of settling down, as I've been using it for a somewhat short time.
The build quality is very good, the only issue are small spots where the grain of the wood could be felt, but I think that with a bit of fine sandpaper and some finish, those could be taken care of.
All in all, a very good instrument for the price.