I am really enjoying my AE Lagoon 1. Setup is really easy - literally from the car to the water in less than 10 minutes. Takedown is also easy with the AE double action pump, used in reverse to remove the air quickly. I give it a quick wipedown on the shore, then once I get home, I spread it out in the living room, wipe it down more thoroughly, and leave it to dry, which only takes a few hours.
Performance wise, it doesn't have the best tracking, which I feel is due to the short length, and does wobble a bit. I found this was improved by adding some weight to the bow end, and paddling with short strokes. It feels very stable on the water. I've only used it in a calm bayou, so can't comment on performance in rougher water.
It is lightweight, easy to carry, and the construction seems durable. It's a good option if you have limited storage space and/or transportation issues. It folds up into a bag the size of a large suitcase, and it easy to carry. You won't win any races with this one, but will certainly have lots of fun!