The Good: Haven't ridden it but own a brand new one. Slick frame with a bunch of cool details. Super light and heat treated!
The Bad: Way expensive on DansComp and other mail order joints.
Selling mine, brand new in box!
Buy it here: http://cgi.ebay.com/NEW-Eastern-Bikes-Codec-BMX-Frame-/280684355845?pt=BMX_Bikes&hash=item415a176105#ht_500wt_949