I don't have much experience with psalteries, but for the money, this has a decent tone and playability is good. Tuning is pretty finicky at first, but after a few rounds it holds well.
The top F string doesn't resonate very well, but all others are fine, and otherwise I really have no complaints. It's solidly built, the surface is smooth, the finish is consistent, and the sound is very listenable. This is certainly a great instrument to learn on and also seems worthy of recording or playing in a group setting. The bow has frayed a bit and I managed to break a string already (tuned too high by mistake), but neither is a major issue. The supplied rosin works fine as well.
Overall, I'm very happy with my purchase - no regrets.