Excellent mandolin for the price!
I really love my new mandolin -- why did I give it only 4.5 stars instead of 5? Because as others have pointed out, the "fit and finish" is less than perfect. And because despite the setup procedure that Sweetwater claims to do on this instrument (it's listed right on the description page for this mandolin) the bridge was out of place so the octaves were out of tune (how could someone setting it up miss that simple point?) With that said, it took me very little time to adjust the bridge location and was playing very soon after getting it out of the box. I had read reviews, which had been mixed about this mandolin, and was a bit leery of the built-in pickup, but when I play it through a tube amp, it sounds just like I was standing in front of a microphone and not at all the "electric mandolin" sound that others had claimed.
I would definitely recommend this mandolin as a first mandolin for anybody to play -- the action is great, the bridge is adjustable for height as well as for location and the tone is very nice. I don't have another mandolin to compare it to, but it's a sweet tone that my violinist wife really likes and my pro-trumpet-player son and my pianist daughter both like also.