Fer a Nifty it's Good, it's small about 7 inches square all round but it does blow cool (not dry) air as opposed to an oscillating fan which only blows warm air at you. Now it ain't gonna be cooling any room big or small, but if'n your sat watching telly or at a computer screen then if you put it about a meter away from you then it is quite comforting.
As fer set-up, it was probably the easiest electrical device that I ever set-up,
Plug it in, wet the filter, pour in cold water and turn on, that's it !

As fer the noise level, it is only a fraction (20%) of the noise level that an oscillating fan makes.