OK, here we go...
My first impressions were that this was a great looking cutter. I love the design, it fit really well in my hand, has a nifty little thumb release. I would have liked to see it made out of rubber or something a little more sturdy than the plastic.
As for the cutting, I was extremely disappointed. The blade was sharp (not as sharp as my metal cutters), although thin and very delicate looking. I know ceramic is very hard, but it is very brittle, too, so I would be affraid I'd break it.
The blade had a lot of side-to-side play and would cut the cigar at a slight angle if you weren't very careful. Also, when the blade was all the way through the cigar, it would jam shut. The cap that you just cut off gets stuck and the thumb release was worthless- you had to get in there with your fingers and pull the blade open again.
I would not buy this cutter as it is now. I think with a little improvement, it could become a great cutter.
Since Uncle Mikey doesn't post here, I'll post what he said about it.
When I was sitting in his office playing with it, he asked me "what the hell is that? That's great looking" I told him what it was and he immediately grabbed it and sliced through a few sticks sitting on his desk. The first cut was terrible, the second few got better, but weren't straight because of the play. Although he had a little more luck with it than I did, our conclusions were pretty much the same.
OK cutter, but nothing special besides the aesthetics.