This is the best mechanical pencil, with a very nice balanced and a weight that feels reassuring in the hand without being clunky. I got one from a friend and used it all through university, and haven't touched another mechanical pencil since. My old Graphgear 1000 has held up perfectly for about 7 years of constant use, I recently bought two more to keep in various places around my house.
The gift box is a fun bonus. Its design is not terribly exciting, but it is sleek and inoffensive. The sticker (on the gift box and pencil) peels off moderately easily, and does not leave any adhesive residue if you are careful.
My only gripe is that when I write with the new pencil Ijist bought, the end cap holding the eraser rattles which makes a quiet but annoying sound, and a distracting vibration in the hand. My old (purchased about 7 years ago) Graphgear 1000 does not rattle at all.