I'll start this review with the final verdict for those that are looking for a quick version. This is a high quality statue, and well worth the price. If you have the extra cash, go ahead and pick this up. Ok, now for the long review.
There are two primary types of materials used in making collectable figures and statues. One is resin, which is a higher-end material used mainly in limited run figures, and the other is PVC, generally used in mass-produced products. In the case of this Link statue, F4F chose to break their normal construction methods and use PVC instead of resin. There are some advantages to both types of materials, but resin is considered the better material by most.
Don't let the PVC construction fool you, however. This is a surprisingly nice piece that I would stack up against many resin statues. Link is well-proportioned, almost seeming to have been ripped straight from the game. I'm not the first person to make this comment, but they nailed the face in particular. The statue has a decent heft to it, much of which is in the stand giving it a nice, stable feeling. This statue won't fall over randomly or be knocked over easily. While I wouldn't drop it, it wouldn't surprise me to see it survive a short fall without damage.
The color reproduction is fantastic. Color saturation is spot on, not too bright or washed. The blue of Link's tunic pops, and the shield has a natural look. The black stand with blue Skeikah emblem contrasts against the martial, organic-looking materials of Link's gear and clothes. They also wisely kept the support for Link's foot to attach to the base the same color black as the stand instead of trying to hide it behind a random object or using a clear plastic. The black feels less obtrusive than the other options F4F could have gone with.
Link is covered in small details and textures that show how careful F4F was in their design and construction. The texture of Link's shield, the small painted details in the bow and arrows, and even the use of an actual string for the string of the bow are all nice touches.
In the end, the use of PVC instead of resin may have allowed F4F to create a mass production and keep the price much lower than expected, but in the end the material compromise doesn't take away from the overall look of this statue. It is a fantastic showpiece and will stand out in almost any collection. Do yourself a favor, if you're looking for a solid Legend of Zelda collectable to display, go ahead and start here.