This is a great instrument for blues and bluegrass banjo. Great quality, sharp sound and stays in tune and just the right loudness to be able to play unplugged with a guitar and washboard.
The mic is great as well, for the price that is. On my other banjos I've installed mics myself. Transducers. They sometimes sound better but you easily get strong feedback when playing with effect pedals. On this banjo, on the other hand, you won't have to install anything yourself and you can play with lots of effects on stage without experiencing feedback.
It's also light and robust. It's very clean in its design and it looks quite cheap and boring until you notice the intarcia on the fretboard. But if you're used to playing budget banjos (less than 1000 Euros) for whatever reason, you'll love this thing.
I can't give it a 5 for sound since the isn't awesome, but the best one I've used with effect pedals and bottlenecks.