Pros: Fantastic price, compared to domestic (US) outlets. Nicely stamped out picks, and the right four basic picks common to any set.

Cons: These tools are, by design, very small compared to the KLOM, GoSo, Southord, Majestic, or other "standard" picks. The metal is thin, but rigid, and unsheathed, making them a bit sharp on the fingers. Also, due to their size, it takes a fairly experienced hand to get the sort of feedback from the lock that one might expect or need.

Other Thoughts: This is definitely not a set of 'tools' for the novice to learn lock picking. I see this set (I bought two sets, too good of a price to pass up) as an adjunct to my professional sets. This set will not open all locks, obviously, but can come in handy for keyed padlocks, door locks, etc. Although it only contains four picks and one tension wrench, the picks are the most common one might require for the broadest range of locks. Take a look at Checker's post on the forum for some very good pictures of the individual pieces.
I suspect that they are also better suited to European locks, which employ narrower keyways. Can anyone from Europe confirm this?

Bottomline: This is a very good utilitarian pick set for someone who feels they always need a pick set on their person, but don't want to commit to carrying a zippered case. It is also a terrific novelty item. Don't expect to be able to open any lock you encounter - the range of utility for such a limited set is obviously quite narrow, but as indicated, a nice addition to the tool kit. Best advice - pick this up with the 32-pick KLOM set. Learn to pick with the KLOM, and perfect your skills with the Bond. Also, since the "Credit card" is just a sticker, if it is removed, it can be replaced with any kind of photo sticker to make it look like an entry badge, school ID card, or whatever.