The Evernote notebook is a nice Moleskine product. Like all Moleskine notebooks you get a pliable binding, good paper and overall a nicely finished product. I like the ribbon bookmark but could probably do without the elastic band to hold it shut.
What makes this an "Evernote" Moleskine though is the inclusion of 3 months of premium Evernote subscription and some stickers you can place on your pages. The stickers are supposed to work with the Evernote app's page camera to automatically file your digitally captured pages away in the assigned Evernote notebooks and add the appropriate tags. The stickers are stored in a pocket in the back of the notebook. In theory this is a nice idea but in practice it doesn't seem that reliable. I'll need to work with it some more to verify whether it's user error or design fault.
The 3 months of premium Evernote subscription is what makes this notebook a good value. If you consider that a month of Evernote is $5, then you can essentially subtract $15 off the price of the notebook. After taking that into account I'm basically paying the same price I paid for the GSA style notebook for a fancy Moleskine. That's a nice deal.
I'll keep using it. I might even buy another one if I can keep re-upping my premium Evernote account that way. I like the Moleskine quality and it feels nice when I'm writing in it.
I won't, however, get any hipster cred for the Evernote Moleskine like I did with the plain, beat up GSA log book.