Pros:

We used to have a big problem with condensation during the winter. Since having the Moisturemaster installed, our windows remain completely dry, even on the coldest days. Any condensation caused by steam generated by cooking disappears within 15 minutes after cooking ceases.
The unit was about $1500 less than two widely-advertised brand systems, and did come with less features that these more expensive systems have, but it is nonetheless very effctive.

Cons:

The fan unit can be a little noisy (relatively strong background hum) if placed over rooms in the house. It would be better placed over unoccupied space, e.g. a garage.

Recommend it?

Yes, I recommend this product.