Disclaimer: I'm still a beginner flautist. I'd played on a low-end Yamaha student flute, and bought this as I was interested in playing an open-hole flute. Compared to the Yamaha, the sound is almost as good, but I find this flute slightly harder to produce a sound with.
As for the quality, it is generally good, except that at least one small "cushion" was not properly attached, and I had to glue it back.
Nevertheless, this is a nice instrument for the price.