Excellent all around lens! Very compact and light, goes wide enough, enough range to be useful. Stabilization works well; crisp optics for a zoom. You can't go wrong with this; $60 is 1/3 what I paid for mine a few years ago.
Note that this is for most Nikon digital DSLRs that cost under $2000, which have a smaller sensor. It's not meant for film SLRs, nor for the full frame pro DSLRs like the D700 or D3. (But you knew that if you have one of the latter!)
Check this review of the previous version (same optics, but without the excellent stabilization of this one):
Nikon 18-55mm
BTW, I don't know the seller, I'm just enthusiastic about my copy of this lens.