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Pros: OK value compared to other webcams. Image and sound quality as expected given the specs and price point. Plug and play installation with no issue using it with Skype.
Cons: I found the cord length to be too short to reach from the top of the monitor to the computer underneath a desk. I had to use a USB extension cable to place it on a monitor. The base itself isn't design in a way that can firmly grip the top of a monitor, the webcam shifts easily during use.
Other Thoughts: Might be worth increasing your budget and buying a webcam with a better base design and feature set.