"For the price, it can't be beat"
This mic doesn't respond well with dynamic volumes, so don't expeect to scream and still get a good, clear signal. For a steady singing or talking application, it works fine.
Custom mic clip, big whoop. Doesn't need features though.
Shures are obviously known for taking damage, and this mic is no exception. Well designed on the outside, like all the other Shure mics.
N/A, haven't had trouble with one
For the price, this cannot be beat. DO NOT go to Radio Snacks and buy a $30 QTR mic when you can get this for $40; your extra 10 bucks will be well spent.
The Wow Factor:
To be honest, I outfitted my studio with these because I wanted a Shure, but I didn't want to shell out $100 a piece for the SM58s. It's definitely worth it to be able to say "I have all Shure mics in my studio."
I work for an internet comedy station, and I use all PG48's in my studio; for live performance, they definitely hold up. If I need new mics, they will definitely be Shures.