Recieved my belt yesterday (2 weeks late). For the Massdrop price, it's worth buying, but for the S&P website price, I wouldn't purchase it. The belt is nicer than most things you can find in a dept store, but there are already vertical creases running along the length of the belt, and I haven't even worn it yet. It's creased just from being rolled up in the box, during shipping. Probably just inferior leather quality. I was expecting better because my other S&P products were excellent, but at the Massdrop price, it's still worth purchasing IMO. I'm a size 31 waist, ordered 32, and it fits slightly loose at the middle hole. Order your true size.
Edit: Contacted the vender and they offered me a replacement. They covered shipping. The replacement still has slight creasing around the holes, but I've been wearing it near-daily for about one month, and it's holding up really well. The first one I received was probably just a lemon; I'd buy another belt from them.