I received the unit yesterday and it does the job well, moreso its excellent for its price performance. Just went through testing it at its extreme settings and it came through very well. I think its well suited for providing function generator capacity with arbitrary waveform capability at very low cost.
I confirm dajones posts, there is a persistent jitter of 5-8ns most obvious in the square wave output. I haven't tried mitigating it, or trying a whole suit of tests, and will post a more detailed review later as I find time.
Prelim testing was done with an unmodified Rigol 50 MHz 1052E and its FFT. The limits below are written because they are at the 1052E's bandwidth limits. I did review the outputs at it maximum setting, 75 MHz sine, and 25 MHz square, and the additional instabilities can't be ascertained to be solely from the 3x25.
Pros
Low harmonic distortion stable sine wave in excess of 50 MHz, here's a sample screen shot at 1 MHz
Fast rise time and symmetric square, triangle, and sawtooths mostly clean [ as expected by a Fourier harmonic distribution] >= 5 MHz
Instantaneous response from selection to output
Bug free software usage and installation; easy to use, manual not necessary, small size, 11 MB
Works in Windows OS: Vista 32, Win7 32, and XP 32 bit
Small hardware footprint, powered by USB, no external power needed
Interface USB and BNC cables included
Cons
Jitter noticeable in all but the sine waves, worst in square waves, but not exceeding 8ns
Self installing driver did not install in Win7; I manually installed it from the CD
Software could have used more ergonomics
No external power adapter included