I like the fact it looks like a cheap lock, therefore only a deterrent and not a quality security device.
i have a remote garage and use this to secure it. if it was obvious it was high quality it might invite vandals hoping for a good reward for their effort!!
Seems to be a really good lock of excellent build quality.
Only bad point I have found is you can not remove the key unless the lock is locked however, this could also be a good point as if the key removes you know the lock is correctly locked.