I work for the firm in Germany ( Merida & Centurion Germany) and would say the product is great value. On the MTB front we´ve one of the best teams in the world riding the same product that joe public can buy and also a road team which race elite in southern Germany on the same stock frames. My eldst daughters racing on a carbon frame that was sent back to us with a supposed defect, customer had problems shifting on a Dura Ace triple, my girls been using it now for 2 years with no problems. On saying that I´ve had 2 frames from 04 come apart on me in races but the design has changed twice since then and we see very few warranty cases with the frames now.