Important note: I rate it as a GAME and not as a serious photographic tool. Let's be honest, at this price and with this "disguise," what do we expect?
Well, as a game, it is FANTASTIC! My little one (4 years old) spends hours with it. It has amazing effects to apply (sepia, green, b&w, but also overlays with faces, clowns, etc.). As for photo settings, don't expect anything beyond the timer. The photos and videos are average. It requires good lighting, otherwise, even the slightest shake ruins the result.
The construction is average with decent plastics, protection against dust. It's positive that it comes with its own strap for the child to hang it. The only thing you will definitely need is an mSD card.
Other than that, it saved us because it already had a craze and constantly took our phones to take pictures. It's a great choice for the little one to try and unleash their creativity.