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When I finally got to this, I wasn't quite sure what to do with it. It was nowhere near anything hot, not even to the somewhat moderate level of Shield Maiden, which was kind of a surprise as I didn't remember Shield Maiden having wax at all. After reading the ingredient panel (and seeing the apple cider vinegar again!), I concluded that it was meant more for Mexican-style food flavors and keyed it accordingly. It does work fantastically well there...but only as an accent. By itself, as many other sauces are, not too wonderful, which means some caution must be employed to avoid over-saucing.
If you're familiar with Danny Cash's Salvation Sauce or his Bottled-Up Anger or even the Private Selection Jalapeno Tomatillo, this is more or less along those lines. a pretty good-tasting overall sauce when used in conjunction with Mexican-style food. By itself, not so good and like those others not particularly hot. This one does not have tomatillo and the apple cider vinegar isn't super-overbearing, again, presuming you don't over-sauce. In fact, this is probably my favorite sauce that utilizes apple cider vinegar, but truth be told, I also strongly wish it wasn't present at all.
Bottom line: A very strong contender in the Serrano pepper/green sauce category. I don't particularly utilize that kind of sauce much, but my wife does, so this could be a good fit there. If you like those kinds of sauces, this is definitely a good one to have on hand.
Breakdown:
Heat level: 2
Flavor: 6
Flexibility: 4
Enjoyment to dollar factor: 6
Overall: 5