For me, great if you want to use coconut milk but only need a little bit so you don't have to keep an open can in the fridge and wonder how to use it up. So the consistency seems pretty runny to me even after a little water, but I understand that it probably won't be creamy like the can.
Taste pleasant! However, do not expect a thick creamy milk. It is rather difficult to dissolve in water, even after long stirring, "lumps" remain.