I bought this (and the other two sizes) of Creative Block to try out the Regalia paper. It's definitely one of the better papers I've used, and I appreciate these little glue-bound pads for being a more casual alternative to a whole notebook. I've started using them to write penpal letters on, and I've enjoyed them a lot so far.
That said, I'm still noticing a number of smaller concerns with this paper compared to, say, Tomoe River. The two biggest are lack of resistance to fingerprints (ink refuses to stick where you've previously touched it, which occasionally renders words completely illegible) and a tendency to feather in response to pressure (especially noticeable on fine point pens that lay down a lot of ink when flexed). It's still good paper, but it like any product, it has its drawbacks in exchange for its advantages.