VERY short, because I only bought it yesterday and used it very quickly today to clean a few spots of bug poo and tire gel that had flung.
Meguiar's writes:
"The most advanced high bead and deep gloss spray detailer! Meguiar’s®, the company that brought car enthusiasts the world’s first spray detailer, now introduces a revolutionary mist and wipe product that works like a spray detailer and enhances wax protection. This totally unique formula represents a significant breakthrough in technology that has even our eyes popping! Through the use of new Hydrophobic Polymer Technology™, Meguiar’s has created a spray detailer that actually repels water, withstands multiple car washes, and adds additional protection to your finish. The secret lies in the high level of surface tension created when these revolutionary polymers react. The result is a slicker, darker surface and incredible water beading! You will feel your towel almost float across the surface. The gentle, high lubricity formula is safe on all paint types including the latest clear coats and can be used daily to remove loose contaminants, dust and grime to keep your car looking its absolute best. It’s so easy, you can detail a full size car in less than 10 minutes!"
This stuff came out a couple of months ago, and I'd had an eye out for it after reading reviews, but hadn't come across it til yesterday when I went to Mega Wally World to pick up a pair of wheel chocks and some Bounty shop towels.
MSRP is $9.99, I paid a little less than that, $9.23 or some other random Wal-Mart number. I did note that the price is only slightly less than my favorite Slick (normally $10.95, right now on sale for $9.31). I took the last bottle on the shelf.
Initial things I noticed - the scent is very much like NXT, maybe a little more bubble-gummy or something. Can't quite put my finger on it. Second thing I noticed - the sprayer. This is not news to those who know my sprayer fanaticism, especially Heather

. It sprays a very wide, ultra-fine mist. LOVE IT. I'm going to try and figure out a way to rig it off the bottle when I'm done with it.
I sprayed a fine mist over the driver's side door first, to lift some tire gel that had flung. Not sure what the cause is, but the spray beads up into microscopic beads on the surface, even on a vertical surface. I don't know if it's due to the fine spray pattern, or the chemical composition, or what, but it was sort of cool - no big hurry to wipe it away because it's not going anywhere. No dripping or anything, just teensy beads of product clinging to the panel. Then I used a Monster Fluffy to wipe it away. Feels pretty much like any other mist/wipe QD, except it is notably NOT as "slick" feeling as Slick. Lifted the tire gel, two spots of bug poo, and a bug skid mark with no problem - fine spray, one pass with the Monster Fluffy, debris was gone.
So far, other than the sprayer

, nothing majorly notable. I did not notice a massive improvement of shine or smoothless or slickness of the finish like the Meguiar's test reviewers did, but I am also used to the mega-shine and slickness of Slick, Hydro, and Epic, and that's a tough act to follow.
Can't speak to the "hydrophobic"-ness that Meguair's claims, as this is Northern California so it won't rain until October, and I also did not do the whole car, just the few spots.
I still prefer Slick...but this is good as an emergency stand-in or as a slightly cheaper clay lube. I'd be curious to hear what someone who could test it and drive in some rain or something thinks of it.