After knitting on the loom for most of the day (It's Christmas, what else is there to do?) I can say I really like it.
I will admit it is limited in the stitches you use but I don't think it's as limited in what you can make with it, if you put your imagination to work. Now, don't get me wrong, I will still love to knit with needles but my wrists and hands have taken to bothering me a lot so when I want to make something and my hands won't let me knit with needles I'll still have my looms. I intend to get the rectangular one and the other round ones-they have an I-cord knitter too.
Next is to find links online for this budding craft.