I think he is awesome. He was my very first Premium Format figure from Sideshow. I picked him up at Comic Con last year and carried the box around with me all day long--it was a real labor of love.
I was a little nervous about opening him up since I had seen some pictures that made him look like he was wearing dark eye shadow. Thankfully, mine was just fine. The paint job was great, and I think the likeness is amazing. His clothes are just a little dirty like they should be, and the whole thing really looks like Luke stepped off the screen and onto my shelf.
The base is also great--nice size, weight, and texture. In my opinion, he got the Star Wars 1/4 scale line off to a magnificent start, and considering how easy it has been to find him at a significantly reduced price I would recommend him to anyone who is interested and loves the character.
I am one who loves the pose and version chosen. Other would like to see a Jedi Luke, but I think that this piece captures a very iconic and representative moment from the classic film and shrinks it down so you can put it on your shelf. Assuming you get a good paint job like I did, this could easily be a favorite piece for many Star Wars collectors. I know it's a favorite of mine.
By the way, while I have the exclusive version, I have settled on displaying him without the poncho and hat.