This tire offers incredible value for the money. I had Bridgestone Potenzas (RE01, I think?) for autocross and hardcore driving, but now I have three kids and can't spend as freely on tires as I used to. I was a little concerned with a perceived move 'downmarket', but my concerns were unfounded. If you want a bourbon analogy, it's like Buffalo Trace. You worry because it's lower in the price range, but at the first sip, you pat yourself on the back for finding quality at a great price.
With the Continental tire, I have incredible confidence in wet conditions. When the rain starts to fall, I barely need to modify my driving style. They aren't as communicative as the Potenzas were, but they're certainly up to the task. In the dry, they make the same noises that great tires makes as you reach the limit of adhesion (that low roar, not the chirpy noise), so there aren't any surprises as you migrate from full traction to understeer.
The only caveat, and the Tire Rack rep warned me at the time of purchase- if you live in an area where temps fall below 40F, you'll want to go with the Conti DWS, or get some good snows. I just put on my Blizzaks today, and I can't wait for springtime to get these babies back on the car.
If you care about good performance, but cost is an object, I'd very highly recommend these tires.