I recieved this webcam as a present about six months ago and I've enjoyed it ever since I got it.
The image quality is great, even though it is only a $50 webcam. 1.3 megapixels might not sound like much, but the image quality is quite nice. The colors of your pictures remain the same, which is not the case with some webcams. (i.e., white walls look beige.) The camera adjusts to your lighting so photos don't come out overly dark or distorted due to light errors. However, the camera does tend to make the lighting a bit too bright sometimes, so avoid taking pictures when it's too bright. The volume is also outstanding, so taking videos with this is a blast!
The installation process is ridiculously easy, the hardest part being connecting the camera to a USB port. The mount can also be adjusted to mount onto anything easily. For $50, I think this webcam is very very worth it.