It's nice to have lots of space for each section of a character sheet. I liked that I had a whole page for skills, feats, spells... However, I wish there were more spaces for craft, perform, and other fill-in-the-blank skills. Not a huge gripe, just something that would have been nice to have.
I only purchased the PDF copy, so I can't speak on the quality of the paper or the folder flaps being big enough.
It amuses me that people are angry about the PDF being secured. It's well within Paizo's right to protect their files from changes. If you REALLY NEED a fillable form, bypassing the security is the easiest thing in the world if you know where to look. But... since I like to fill out that stuff by hand, it's not a deal breaker for me.
No major complaints from me. Suits my purposes, a few things I would have done differently, but nice presentation.
