Nice..
The variable kits build up nicely, good fit and nice tight seams. You do need to take care though, if you want everything to move as advertised and the movable joints tend to get a bit floppy, but they're nice kits.
Of course there's a couple of compromises for the sake of transformability - the wings are a little short in fighter mode, but a bit long in battroid mode, the tail fins are a little undersize and there's a couple of very noticeable hinge bulges. Back in the day, they were the most desired kits by Macross fans (and the only way, until Hasegawa, to get a 1.72 scale fighter version). The wings have a funny textured surface (the wings on the 1/72 Gerwalks had this too), but this will soon disappear under a coat of paint. You may find a sink mark at the edge of the circular depression on the engine nacelle sides - I've had a few like that.
I may yet pull out one of the Revell boxed variable kits too.