This is great for walk-around table work where you need a clean surface for performance that doesn't take up a lot of space but looks professional too. I have a folding pad for that purpose, but it is kind of floppy, and I think I prefer the more rigid ones like this. Time will tell which is better for my needs, but I like it so far.
It's hard to beat the price for what you get--it's decently well-made (I had a tiny tear in the leather on one corner, but only I can see it), a good padded surface, and a professional-looking piece of equipment. Too small for a full deck spread, but I knew that when I got it and I am not disappointed.