I have gifted this and just received it as a gift myself. First off, if you hate soggy cereal like I do, this thing sure does the trick! I LOOVEE it for that! HOWEVER, the thing is HUGE! Looks a lot smaller in the picture than it really is. It's 8" in Diameter and 4.5" in height. It does have a nifty handle thing for holding it and is a very rugged plastic that's dishwasher top rack, so that's a plus, but there's definitely no need for this bowl to be that huge. It takes up so much space in my cabinet - I cant imagine if you had to store more than one! Also, the top part where the cereal goes is quite small and shallow. It only fits about a cup of cereal before it begins spilling over the sides. So yes, it does fit at least one serving of cereal but not easily or comfortably. Another downfall is the price, for $19.99, I'm glad I got it as a gift because it's just impractical in many areas. Perhaps if you had children who complain about soggy cereal it would be a good buy? Overall though, yes, it works and is a really nifty thing to have if you hate soggy cereal and it makes a great gift...but there's so many other inconveniences about it that I'm just glad I didn't shell out the $20 myself.