This is perfect for my needs. I occasionally have a sensitive document that I'd rather not just throw away and I didn't want to spend a lot of money on a shredder that I would only use once in a while, and the size is just right.
This shredder will definitely cut vertically and shred paper to ribbons. The cross-cutting works maybe 90% of the time, so you might have to tear some of the ribbons by hand afterwards.