Yep that's an SSD
It's your average modern SSD. Sequential read/write is great, but has pretty bad random r/w. Still a LOT faster than an HDD - it gets beaten by higher quality SSDs on random r/w benchmarks (eg. my ~6 year old Intel 320), but you likely won't notice any difference in normal use.
Very light (noticeably lighter than my laptop's old HDD) but still feels and looks reasonably well-designed
-3 year warranty
-Pretty strong sequential r/w speeds (about as much as you can expect from a modern SATA III SSD
-Apparently an MLC drive so maybe it'll last long
-Slow random r/w
-Cheaper options exist (unless you get it on sale