Very nice katana. Especially for the price. For 100 dollars you cannot beat this sword. I'm not a self proclaimed master swordsman like most of the people who write these reviews, and I'm not gonna pretend like I am. That being said I don't know for sure how katanas are graded traditionally so I'm giving this one 5 stars based on how it appeals to me. Aesthetically appealing across the board. Real hamon, everything was just as advertised. It came nice and sharp, although I plan on honing it more. I cut a few tree branches with ease, and some others weren't so easy (which may have been my technique or lack thereof). I don't know if it's razor sharp or not or how to determine that, but it sliced a paper into ribbons a few times. I would buy this sword again, in fact I probably will. No blade wobble. Yes it's made in China, what isn't these days.
For the price you can't complain, it seems to be well-rounded. If you want something that does more than this, then you're looking at spending considerably more money.