Short version: it works well.
Longer version: It is by no means comparable to a monorail in terms of features. But it is possible to make very nice photos with it. The camera is so nimble and light that it easily can be turned on its side to provide verticals.
I've had the normal issues when using a new camera. In LF, a good procedure is needed, and I am hitting the stride there, but in the beginning I found the removable groundglass a bit of bother, especially where to put it so I didn't damage it (or god forbid, step on it!). Another niggle I had was the folding/unfolding procedure. Everything locks down nice and tight. Controls are easy to feel/find under the darkcloth.
The virgin outing (I'll see if I can find the digisnaps I took) was in subzero conditions and slight wind but even that worked out well. Gloves was not possible to use (controls too small, at least for the gloves I used).
Film holders slide in easy and sits well. Nothing moves out of position. It is sturdy, given what the camera weighs and that is made out of a combination of aluminium and wood. Groundglass is nice and bright. I think a 3-4x magnification loupe is enough - I had problems using a 8x, grain got in the way.
With my Conley lens (same kind that Apugger Jersey Vic has, look in the Gallery) I have already managed to get into the petzval-style swirliness using movements. Movements seem to be ample for any kind of landscape stuff. I have also done a few tabletop photos but the sliding movements makes this less easy to do than with, say, a geared monorail. But it is doable. Closeups (within a metre or so) works well too, even if the bellows draw is not enough for macro (unless you use a wide angle lens).
I think it could work as an introduction to LF, if the main interest is in landscape stuff and the great outdoors. The bellows draw is the limiting factor here, from 120 to a maximum 300 mm. For other uses, doing environmental portraits with a normal (180-210) and closeups with a wide angle (a 150 G-Claron for example), it should do very well indeed. A 150 and a 210 G-Claron in shutters would be ideal companions for this camera. I am toying with the idea of getting rid of my other lenses and try to find this combo instead.
It is above all a camera made for backpacking. The limit of the bellows also keeps lens choices to wide/normal lenses which also keeps weight down. I had no problems trudging about with my normal backpack. A day hike is no problem, even with long stretches of walking.
All in all, a damn fine camera I am really happy with!