The two plies are somewhat loose to each other, so I have to take extra care not to split, either poking the hook between the plies or just getting a few loose strands stuck on the hook. I find that annoying so I took off a star for it.
Otherwise, though, it's a really nice yarn. Beautifully soft and with a subtle gloss, and very warm, the way alpaca is supposed to be! The colors are good, too. Pink taffy is a bit too pale for me but ginger is so rich and gorgeous.
Note that alpaca has less stretch than sheep's wool, and this yarn is particularly non-stretchy not sure why, something about its wind. So if you're making arm warmers or other things that need to stretch, be sure to knit/crochet them a bit loose.