Whether you'd like it or not depends greatly on your intended use for it. The ultralight DX crowd likes it because of the superb selectivity (including 5 filter choices) and good sensitivity on MW AM, and the excellent selectivity (just 1 filter choice) and excellent sensitivity on FM.
Many of the ultralight DXers have installed a 7.5" externally-attached ferrite bar to greatly increase the sensitivity on MW AM. Others couple the internal ferrite bar to more exotic external antennas like FSLs or big box loops.
For casual listening to local MW AM stations using just the internal ferrite bar, there are probably better choices for clean reception (without spurious tones) and speaker sound quality.
For listening to FM through headphones, the PL-380 is quite good, with excellent reception and the potential for very good sound quality. It can be forced to mono reception on FM to clean up weak, noisy signals, which is a big plus.