How does it work?
As a surge protector it does exactly what I needed and it had two extra big outlets that my current surge protector didn't. I was considering buying the cheaper "kill-a-watt" meter, but went with this one instead to try and fill two needs I have.

I have found the readout to be a little ambiguous. I haven't read through the instruction manual yet, but I haven't figured out how to calculate how much my appliances are costing me yet. I'm sure I will figure it out once I give it the proper amount of investigation though.

For now it's doing it's job and that's enough for me... Oh and it has a cool blue backlit display... bonus!

Keeping electronics under control
I had not expected much since there are similar products but you can only plug one device to it. This product let's you plug a group of devices. Now I can see how much it costs to run all my IT stuff on my desk at home. Helps me decide if I really need to keep that box "on" around the clock. Great when trying to convince the spouse that shutting off the TV when you fall asleep does save money. Well worth the money.

Bulky and not high quality
The item turned out to be very bulky roughly 2in by 2 inches.. not like a normal power strip that is about 1 in thin. Also, the item I received was defective in that the Off button would not turn off the power strip at times. I contacted Tech Support and I paid $$ to mail it back for a replacement. However, I think the Customer Service was not that friendly nor due they reply to emails. I got my replacement power strip back in box with no letter or explanation of what was fixed. My replacement was also bad so I wasted my shipping money. Now , I am getting a 2nd replacement. This is a horrible experience for a customer.

meh
I bit the bullet and purchased this thing. However, I received a black version (I prefer it).

-It doesn't distinguish the reading between each outlet
-it's chunky.
-Blue LED on button
-backlit LCD

Features seem just like the ones on the lower end kill-a-watt.
Knowing this, you're better off getting a surge suppressor of your own choosing and a 4460 or a 4400. There's a limited 6-month warranty on this surge suppressor.