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@me
I've had one for about a year now & we have got on really well. I don't have much to compare it to other than my misses bike which is steel, but I really like the responsiveness of it and the way it is very efficient with the power transfer through lack of flex and at the same time I wouldn't say that the ride was too harsh on the potholed streets of London. If you can get a frame & fork for £250 to you will have done well. The finish despite what Roberto said about being mass produced is done by hand producing smoothed out neat welds. The geometry is quite attractive too.
Here's what I did to mine.... It's been thrown down steps, hit by a car & ridden by me & it's still true and undented, so it is pretty tough. I'd recomend it (frame only) All the stock Capo parts are destined for the bin. (so are the pink tires, which I wouldn't recomend to anyone)