Point wheels aren't that bad; I've had a few sets. Durability-wise they could be better, I've had sets that I've flatspotted pretty quickly and they don't last as long as a lot of other wheels.
Feeling-wise I'd say they're pretty good. They give a real good slide and they have just the right amount of grip.
Point's warehouse is in the same city I live in, and their stuff is obviously pretty easily accessible here, so I find myself riding Point product quite often. For the price it's really not that bad at all.