Normally around $199, so this is a good price. Pretty "balanced" sound, good treble and mids and lots of bass.
The housings are made of brass; they feel nice and sturdy and are lighter than they look. However, they're prone to coming loose/apart where the gold part of the housing meets the silver part near the tip (just past the blue/red left/right indicator rings). Nothing a little super glue can't handle; the sound far outweighs any problems.
It also comes with a ton of silicon and foam tips, so if they don't sound right, try switching tips. It's all about the fit with in-ear headphones.
Monster is notorious for birthing the Beats line, yes, but its Turbine headphones are very good.