It's not bad. I have it as part of my sports package with comcast (suck).
They broadcast la liga and bundesliga games. So between that and FSC you get pretty good coverage of the european leagues. Plus you'll get plenty of euro friendlies/qualifiers on international dates.
The worst part is that all the games are called by Phil Schoen and Ray Hudson. Hudson's a certified nut job...to say he's emotional is an understatement.