I have loved the theme since I first started using it (which is from July 2012), but since the last update (Scrappy 1.4) I am even happier with it. The update contains, among other things, mobile versions, which I think is a great adition to the theme. (Since, according to my site's statistics, about 30% of my readers visit my site from a mobile device).
I only found out yesterday that you can choose one picture that shows up above your post's title in your blogroll, which gives the theme a professional look. (The reason I found this out just recently has everything to do with my lack of understanding of some WordPress features and not with the theme ;))
You wouldn't read my review if you weren't attracted to the style, so I think there's not much more to say about it, apart from that the theme's style is very consistent and well chosen. Everything matches, without the theme being boring. Well.... almost everything. What's up with the captions under the images? Seems to fall a bit out of place, compared to the rest of the theme.
The theme offers many options. You can choose, for example between different banner patterns. You can also upload your own header easily, or opt for a text only. Naturally, this theme has widgets enabled.
I gave this theme 4 stars, not because there are things that I don't like about the theme (only the images' captions), but because I think that a few additional options would take the theme one step further. Maybe something like three different kinds of pre-programmed colour schemes or something. Or an easy way to use your own background (without using css or something--maybe similarly to how you can easily change the picture in the header). However, since you can change this by using CSS, it is not absolutely necessary. It would only make things easier for the Scrappy theme user ;)
Any way, great theme, and the one time I had a problem with something that wasn't displayed properly, Caroline handed me the solution within an hour.