I use this mixer to mix a pair of synths and a drum machine in a minimalist hardware setup, and for this purpose it works great.
The mixer is as small as practically possible, and features 3-band EQ on all channel strips, which in combination with affordability, was the reason I bought it.
The tone shaping of the EQ certainly is sufficient, and as far as sound quality goes, I have not noticed more degradation or noise compared to more expensive mixers.
For the price you can't go wrong!