It feels budget but performs like a much more expensive cube. If you need something quieter than the RS3M202x, this is a good alternative
The Little Magic is a surprisingly good cube, it performs on par with most new cubes, including flagships from the major brands. It corner-cuts well and it doesn't lock up randomly.
While it doesn't have adjustable settings, besides the screw for travel distance (which should be tightened from stock setting), it allows to find a good balance between stability and speed Mind you: if you're considering this cube, its "speed" is not going to be what makes you slow. It's plenty fast enough.
In terms of performance it's a great cube, it just... feels cheap. To the touch the plastic is not great, it looks and feels like a budget toy. But if you can get past that it will surprise you by how well it works.
It is also fantastically quiet, with a buttery sound and feel that reminds me of the Tengyun v2. For people cubing in social settings or public transportation that can be a very positive plus.