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It's fun!
It is, Lomography makes at least four different kinds of film for it (redscale, b&w, colour, and something called lomochrome). I think it was out of production for a while but now I just order it from B&H.

great that its still possible to find this analog stuff. i'm breathing it for my daily photography. now doing only analog due the death om my daily shotter Ricoh GR