The only drawback to the target is its price of $260. This is a pretty good investment but, you are essentially getting two rifle targets and two pistol targets for your money. That breaks down to $62.50 for each target, making it one of the better deals in the steel target market. Also, smaller targets, 4" circles, are available making it even more versitle. I would rate the product as "excellent" and I plan on buying one soon. I can assure you that if a cheap bastard like me is willing to spend $250 its a good deal.
UPDATE: On July 10, 2001, I took MY LolliPopper to the range for the first time. All of my eariler, previous experiences were verified and the target proved its worth. I shot 200 rounds of pistol and 200 rounds of carbine ammo at the target. The target laughed at the 45, causing it to splatter without any deformation. The 223 only had effects on the target at close range (~15 yards) where it did cause some dimpling on the front of the target. From slightly longer distances, the 223 had no effect whatsoever. I had a blast and the 8" circles are the perfect size for training. My only complaint is that the targets don't sit high enough above the ground but that's a pretty minor problem.
MGM's Lolli-Popper is without a doubt, my favorite steel target. I shot on these during Paladin Matches at Desert Sportsman and thought the target was excellent. As you can hopefully tell from the images, the target consists of two 8" targets mounted on fiberglass arms which are attached to a folding base. It was designed for rifle shooters so that they would not have to constantly reset targets. I've seen it used as a stop plate for man-on-man rifle shoot offs and it works well in that application. I haven't tried it, but I'm told that the target will also work with pistol rounds, making it twice as valuable. This would make it an ideal steel target to practice transitions as well.