The basic question to ask about a power distributor/power conditioner/ surge protector is "Does it do its job?" The answer here is a qualified "yes." I only have a few quibbles.
First, be aware that the electronics loss or damage warranty provided with this product covers you only if you have grounded power. That's not surprising, as surge protectors in this price range simply pass off to the ground the excess energy that a surge provides. If, however, like me, you live in a place like San Francisco where most homes do NOT have ground circuitry, you are not going to be able to reap the benefits of this unit's surge protection and you won't have warranty coverage for your products that die in a surge. That's not a criticism of this unit per se, but anyone buying in this price range should be aware of the limitations of entry-level surge protection technology.
Second, another product of this unit's price point is that it only offers eight outlets. It used to be easy to find units in this price range with ten outlets. (That's what I need and the unit that this one replaces -- destroyed in a power surge -- offered ten outlets at about this price point.) Now, however, it seems that manufacturers are economizing at his price point by providing a smaller number of outlets.
Third, and most importantly, the design of this unit makes it unfriendly to those who have a lot of wall warts or similar power adaptors. Half of the outlets are on the side of the unit, not on its top, and its short form factor makes the side outlets usable only for power cords if you want the unit to lie flat on the floor or wall as intended. In my case, because I had so many adaptors and because the outlets on the top of the unit are placed so close to one another, the workaround was standing the unit on its side between my tv cabinet and the wall, so that the side with the power cord outlets faces upwards and thus can be used for adaptors that otherwise would not fit if the unit were flush with a floor or wall.
Once in place, the unit doesn't seem to have a negative impact on television image, system sound, or power stability. So, all in all, this does what it's supposed to do, more or less, as a power distributor and conditioner and, if you can ground it, I assume it also will work well as a surge protector.