Mine arrived this week, and I reckon that peoples preconceptions either way will probably be borne out. If you think you want this - you do, if you think it's going to be too lightweight and toylike, you're not going to be surprised either.
Couple of thoughts. It does want for metal parts and does look a plasticky, can't wait to weather it and replace a couple of the non-functional parts with metal pieces. On the other hand, the motorised tip isn't as distracting as I'd thought, it's not as cool as having it snap out on a spring load, but it still comes out pretty quickly.
I like this replica, at the price as a base piece, it's great, but like the toy sonic screwdrivers, it's just good enough to make me really want a metal one.