With an 0.05mm fiber tip technical pen, the stepper movements are indistinguishable in the final drawing. I've also run the same drawing multiple times to check repeatability, and it's within probably 10 thou (10 * [1/1000 in]) at least at first glance with a small drawing.
Having a servo-based movement is probably important if you are cutting tough outdoor vinyl or stencil material, but if you are just moving a pen across paper, some of the advantages of servos don't come into play.
The only problem I've had with it is when cutting 4-5mil mylar for stencils. There, because of variations in the thickness of the mylar (I think), the machine sometimes fails to cut completely. It doesn't lose its place in the drawing, though, which makes me think that they are running the stepper motors in a closed-loop mode similar to how you'd use a servo. I am not 100% on that, it's just a theory I've developed after watching the thing at work for a while. I'm still enjoying just playing with it enough for the moment, so I haven't bothered to dig into its innards.
Lots of fun for under 200 bucks though, IMO.