It was known for being one of the best drives that could achieve a fast 16x DVD+/-R write with good quality, on even 8x media (typically Taiyo Yuden). The use of a P-CAV strategy for 16x burns meant that the drive often achieved write times as short or shorter than 18x drives that wouldn't come for another two years or so. At lower speeds, it was also pretty speedy with good quality, and this was before everyone hopped on the active OPC/WOPC bandwagon.
It wasn't bad with CD media, either. It was just a good all-around drive that wasn't overly complicated with features like BenQ, Plextor, and (eventually) LiteOn. You had to use good media, or your burns would come out with rather colorful quality scans, but even then, there was a chance of using strategy swaps to get better results.
(More of the unnecessary history lesson: Eventually, LG dropped the P-CAV with 16x burns on its Renesas drives, so they wrote at 16x with write times similar to any other modern drive. Write quality also began to be more hit or miss by the time they tried to do 22x drives. They simultaneously produced drives with Panasonic chipsets beginning with the GSA-4164B, which were slower than their Renesas-equipped brethren. They sort of began the process of alternating between Renesas and Panasonic, with new drives appearing more frequently than new firmware by the time we saw their 20x drives. Now, they just use MediaTek chipsets, they don't offer as many write speed selections for any media, and...it's just not like the drives from they 16x/18x days.)