I love it, especially for new riders (I hadn't ridden in 20 years). Essentialy picked it over the Rebel because my wife preferred the look, and her and our teenage daughter are planning on learning to ride next spring. It has enough power for around town without having the extra power that can get a new rider in trouble.
Only two cons that I see - I would not take it on a crowded highway because after you got it up to 65-70 mph you won't have a lot left if you need a burst of acceleration to escape some idiot, etc. And it is light weight - which makes it easy to handle, but also means it can be blown about a bit. That's a trade off - some good, some bad.
I am using it for daily commuting, an my wife just wants to ride around town, and maybe trips on country roads - those tasks it excels at. In summary I'd say it has enough power for me but should not be over-powering for anyone.