The Falcon Eyes DVR-160TVC LED Ring light is good for closeup type work that needs broad diffusion. Color temp adjustments and quad section controls allows for more creativity, while the option to power from Sony L-Series batteries are a plus.
One issue I have with the Falcon Eyes DVR-160TVC is the camera bracket always needs to be attached in order to mount the light to a stand. When putting it back in it's case, you'll have to go through the hassle of dismantling the bracket. I personally think it would have been better if there were an optional mount placed directly on the LED ring light - even a simple 1/4"-20 thread.
The diffusing panel over the LED bulbs cuts down about half the light output. It would have been nice if there was a quick and easy way to remove the diffuser when you want extra light output.
Overall the DVR-160TVC LED Ring Light offers some good features and good CRI color. But at close to $200 US (found here), it's definitely on the high side of other LED Ring lights and is going to leave a lot of room for other options for people to consider. But not many of those options offer bi-color temp adjustments or quad section controls, so that's may be something to consider as well.