Performance
At low to mid volumes the performance of the MM50 is quite solid. A full range of sound, from low to high frequency, is handily represented by the unit’s 4 3-inch pressure drivers. Bass sounds adequately full, considering the minimal size of the speakers, and highs are crisp. Midrange is also quite audible, although the unit tends to “blend” highs, mids, and lows so there is a very slight overall muddiness to the total output. Still, while the separation leaves a tiny bit to be desired, the sound as a whole is perfectly acceptable at this size and price point.
Where I ran into some problems was at high volume. There is noticeable distortion in the low frequencies when the volume is set to the higher levels. Since this is a portable system, it should not be expected to fill a large room with sound, and hence will likely not be operated at max volume, but if you tend to listen to your music loud, be prepared to deal with some sound quality fall-off. 
The built in battery adds huge value to the MM50. Providing ten hours of additional power, and acting as a charger for your iPod, the built in battery allows for cordless, and thus truly portable, operation of the speaker unit.
The remote control unit does exactly what it should be expected to do. Controlling power, volume, play control, and 3-D stereo toggle, the slick little remote control is a great extra feature of an already solid offering from Logitech.
The only other major complaint I had with the Logitech MM50 was regarding the quality of the carrying case. While it provides adequate padding and protection for your speakers (and even provides a pocket for the remote) on several occasions I had the zipper malfunction, and therefore allow the case to open. This problem was easily remedied by re-zipping the pull tab a few times, but it is still a manufacturing problem to be aware of.