I use the stick in connection with an ADATA SDHC 32GB card. The card reader + is easily recognized on Windows systems (MAC not yet tested). The full capacity is available.
The reading rate is 16MB / sec - This ranges from a high-definition movies with a resolution of 1920x1088 without jerking to watch directly from the stick.
I can write with around 11MB / second.
Conclusion:
As a "lifeboat" and "Always in the camera bag case" is the card reader a good low-cost alternative. Those looking for something robust for permanent use, but should choose something more stable.