As an absolute beginner's guitar, this is fine. The construction and sound is unspectacular at best, and sometimes mediocre (intonation is terrible past the first few positions, some of the fret ends need filing, etc.), but the quality is what I would expect at this price point.
As a guitar teacher, I would not recommend this instrument for a serious student, but it is perfect for the 6 to 8 year old child who is interested in playing, but not yet ready to fully commit to the instrument. In other words, for the young, curious prospective guitarist, it's a great place to get started; getting comfortable with the guitar and with the ritual of playing. In that context, I would recommend this instrument.