I think I have one of these too, although I don't really use it much. But, when I first started my attempts at recording (which wasn't all that long ago) it was the only thing I had. It will work fine. I believe it is meant more for recording, or at least the literature would lead one to believe so. It's discontinued now, but seriously, it will be a decent starting mic to record with. Then, I got
a Beta 87 and that was okay too. But, I didn't feel that I was using the level of mic I wanted (for recording). I'm sure that Beta 87 will come in handy when and if I ever get up on stage again. When I got my large diaphragm condenser, I was almost unprepared for the difference, while recording. Although, I also upgraded pretty much everything else I had.
But, I would never say the mic is fabulous. I think it works well if you're just trying to get some stuff down. I love my large diaphragm condenser for my vocals now. But, I used this mic too, and it really helped me to get my hands dirty, which is what we all need to do in the beginning.
I would be seriously surprised if a lot of the people on this board also had any experience with the mic. I feel like I was the only person alive who had one, until I read this. Furthermore, I don't know what I'm even really doing, except learning as I go, so you won't get much more useful info from me other than, it'll do fine, but you won't want to sell any cds with it. I don't know how to really say much else about it. I still have the mic, if that means anything to you...over 5 years later.
Have fun!
Kirstin