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Strengths: Easy to mount with good instructions, universal mounting, customer service...
Weaknesses: none....
Summary: This is my second Peerless mounting system purchased this year. This model fits my 50" Panasonic Plasma just fine.
The unit I received did not look like the one in the illustration for the product description listed on PriceGrabber, but it was identical (yet larger) than the one I purchased for a smaller panel earlier this year. I feel that this is a non-issue, since the unit works as advertised.
The unit mounts a larger number of panels, as the unit comes with over 11 pages, front and back, that lists the various models that this unit fits. Along with this, it lists the exact parts that you'll need which are included in a pre-sorted, labeled, blister packaging.
I used the 'MountFinder' service on their website to check compatibility with my particular panel before purchasing this unit. I did call customer service to validate my results. They were easy to reach and answered my questions in a professional manner.
The instructions were straight forward, and with basic do-it-yourself skills, I was able to install this unit in less than 30 minutes. I would recommend the use of a stud finder to help determine the studs centerline. This enables a more durable hold to the board.
Finally, price. I feel, dollar for dollar, this unit is every bit as good as comparable models. I've been gradually mounting all my flat panels on the walls and when I first started, I used a model I purchased in a retail store. I felt that the mount seemed awfully expensive, but so was the panel I was mounting on the wall. When I was ready for my next mount, a friend referred me to the Peerless brand, so I gave them a try for nearly half the cost of my first mount. Let's just say that I haven't regretted the decision.

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