It's a pretty good strap. Seems high quality. It doesn't place the snare drum as far to the left as the classical carrying straps do and distributes the weight, which is good for many drummers who aren't used to the classical strap.
One thing I'm missing is a definition of "L-XL" -- on the inside it says 54-58! This was way too big for me (185 cm, 80 kg) so I'm exchanged it for the S-M version.