For the price, the CAD e200 is an awesome microphone. It would be a nice microphone even if it were a bit more expensive, but considering the low price it's that much better. It's a versatile microphone as I've had success using it for recording both bass guitar, vocals, and on the outside of a kick drum. They also advertise the mic as being a broadcast microphone, which makes sense given it's versatility and wide frequency response, but I haven't tried it myself for any non-musical applications. The mic is definitely not limited to these applications, as I'm sure it would work well across the board in situations where you'd want a nice sounding large diaphragm condenser. While the sound and versatility are all well and good, it's the price that really makes this a popular microphone. Don't get me wrong, it's a good mic on it's own, but it wouldn't seem nearly as good if it was say, double the price as some comparable mics are. For this reason it's the perfect all purpose microphone for the home studio owner on a budget. If you fall into this category, do yourself a favor and consider the e200!