Serves me well in both live and recording situation.
For live we used with our band to send out live tracks from a Cymatic and splitting to our drummers mixer, never found any problems with this.
For recording i have used it when splitting guitars or bass in a full band recording setting for getting D.I tracks as wel as as going to an amp. It works perfectly fine for this, allthough i would mention that it isn't the best sounding unit when put next to a Radial or even a palmer, that said it gets by perfectly fine and it's nothing that can't be fixed with a little processing in the DAW.
all in all i would say if you're looking for just a functional D.I box for basic needs or spare that won't hurt your wallet, no doubt this is what you're looking for. If you're looking for the best rich sounding clear and transparent box to record your #1 charting album, you might wanna spend a few more bucks. hope this was helpful, cheers.