Received my pair today and I have to admit my impressions kinda mirror yours down to the T. I had a hard time getting them out of the box and looking at the cables I frowned. However on first listening I became awed by their sound and I kinda stopped what I was doing. I faintly remembered seeing their price at $30 and so I decided to double check if they were not actually $50 or $60 as I could easily pick out fine detailing which I have not heard with any earphone retailing at a $30 price point.
They have their flaws of course. The highs are slightly strident and while not overtly bothersome in some tracks it can ruin the overall experience. However for $30 I simply can't complain :)