I've seen better, but it's nice and silent while coasting... It was worth the money and it was cheap. I hope it lasts a long time. Made in Japan. Shimano. Probably the best bet for the bargain shopper.
This thing is silent which is a great deal when coasting, making your ride stealthy. I upgraded all of my freewheels from ACS to the Shimano due to the ACS freewheels making a "clacking" noise while you would spin the cranks. This Shimano is smooth, out of the low-mid range freewheels this is the best followed by the loud and obnoxious but rebuildable White Industries freewheels.