My wife got one with her 60 five years ago (first wedding anniversary present - the 60, not the awning) and we use it often. I'd say they're decent quality. They have some plastic connectors that make me cringe every time I see them but they've held up so far. The rubberized fabric cover is pretty heavy duty and we've not had any problems with the zipper. The lightweight, rip-stop fabric that is the awning itself is holding up well, too.
It can be set up and taken down by one person but can be a bit of a struggle. With two people it's a breeze; less than five minutes. It does require two guy ropes - one off each outer corner - that you can tie to a tree, bush or large tent peg. I use 10" spikes. Despite my dislike of guy ropes, we've not run into a situation where their requirement has been a problem but something to think about if you're going to use it at the beach or very rocky ground. We've not used it in high winds but I'd guess I'd probably roll it up if gusts started approaching 20 mph. Hopefully others can chime in with wind experience.
We put it on the truck every time we head out for camping or just a day of exploring. Several times we've had 3-7 people huddled under it as a rain storm passed through. More fun than everyone going to their own vehicle/tent to wait it out. It probably doesn't shade as large an area as batwing does but a little forethought before you park allows you to use the truck and awning together to give adequate shade (although still less than a batwing).
I made a couple of mounts using Home Depot-sourced material that allows one person to install it on the truck (or move it to the opposite side of the truck) in just a couple minutes with nothing more than a 10mm wrench and socket. No pics of the mount as it's late and we're leaving first thing in the morning for Death Valley (awning installed and ready to go). I'll take some pictures and post them when we get back Sunday.
Since we didn't buy this awning seperately, we can't have buyer's regret but we've always been happy with it and never wanted more. I've never been around the batwing awnings but my guess is that they have more shade at the expense of more complex/time consuming installation, more weight, and, well, more expense. I'll let others with more experience talk about that and if they think it's worth it.
Sorry for the long winded reply but I hope it helps your decision.
Quick edit - for two people and a couple dogs it works well. If you have mom, dad, three kids and a couple dogs all trying to find shade for the afternoon it'd be tight. Tolerable for 1-2 outings a year or for short periods (half hour rainstorm) but if you have a family and plan on using it often then the added area of a batwing style might be worth it.