Received this item today, so these are simply initial thoughts and impressions.
It looks pretty good. No defects noted yet. Sheath is black leather, not sure if genuine leather or not. Nice cap on the bottom with a flat tip for resting the sheathed sword on the ground. Draw is fairly easy, but with a nice snug fit with a fair amount of resistance. Sword does rattle a bit in the tip of the sheath.
Grip appears to be made of the same leather as the sheath. Pommel is very shiny. Smears and shows any amount off fingerprints or oil from the hand quite easily.
Now for the fun stuff. I haven't done much with it yet, but I did give a few practice swings. Appears to be quite well balanced. Balance point is approximately 5 inches above the crossguard. As to be expected from 5160 carbon steel, the blade is bendy. Like, very, very springy and bendy. The blade is sharp, but not super sharp. Blade gradually increases in sharpness as you proceed to the tip, all as expected.
All in all, I'm fairly pleased. So far, I feel I got exactly what was advertised and expected.