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It came with loose screws, and the stock blades can not handle a 4s battery. Other then those two issues, it's (mostly) a pretty great entry level racing quadcopter.
On my maiden flight, I armed the copter and put it in the air with it hovering just above eye level a few feet in front of me and I see something black fall off the bottom . I put it back on the ground for inspection. The thing that fell out? You guessed it, a screw had fallen out, in fact it was missing two screws. So I took it back inside to make sure everything was nice and tight and replaced the missing screws. When all was said and done there were quite a few screws that were not tight enough. There was also no loctite to be seen, so I will be going through later to fix that.
So fair warning, make sure to go over every screw and bolt on this thing before putting it into the air, and buy yourself some loctite.
After a few flights with the Wizard I decided to go and buy an upgraded 4S battery, since the ESC's are rated for it and I wanted a spare battery for more flight time. I made a few passes on my brand new, fully charged 4S. Then I decided to punch it; full throttle, full forward pitch. After a few seconds of this shenanigans the props completely grenaded mid-flight. I could actually hear pieces of blade, a few hitting the frame of the quad and one piece whizzed by my head, while the poor Wizard fell helplessly to the ground. How do I know that the blades didn't break when the quad hit the ground? There wasn't a single chunk of blade to be seen anywhere in the vicinity of where the quad landed, and it was on dirt, no grass no bushes.
So if you're going to run a more powerful 4S battery, be sure to buy some upgraded blades too! Otherwise you're going to be making some repairs as I did:
Other then the above issues, I'm pretty happy with this thing. It's super responsive, with a strong frame (no damage from my blade explosion incident), good electronics, and very reasonably priced. I would suggest downloading Betaflight so you can do a little tuning on this thing, as from the factory it is only configured for Angle mode.