I have almost 500 hours on my 2012 A240, and it's a ton of fun!
I came to the A240 after previously owning a 172L and a 182A. There's really nothing negative I can say about the plane. It performs per the published specs for cruise speed, range, x-wind landings - everything. I feel very comfy flying behind the Rotax 912ULS. I mainly burn 91 octane E-10 mogas that I haul to my hangar from the pump in 2.5 gallon containers. The fit and finish of the interior is outstanding. As for the fabric, my buddy is an A&P who has a lot of experience recovering aircraft, and he says my A240 is the best covering job he's ever seen.
Coming from flying Cessnas, I immediately fell in love with the flight characteristics of my A240. It's VERY responsive (I really like the stick!) - just flick the stick, and there you go! It climbs at 800-1,000 feet per minute.
I mainly fly for fun, but the A240 performs well as a XC plane. My wife and I can load it up with bags and full fuel and fly 3.5 hour legs with plenty of fuel in reserve. It's just about as fast as the 172L I used to own.
The visibility from inside the cockpit is outstanding. I've never been in a helicopter, but that sort of visibility is a proper analogy. You can even fly with a door open at lower speeds if a passenger wants to take photos. And you can fly with the doors off (which I haven't done, but they are pretty easy to remove).
Anyway, don't let the relatively low price fool you - this airplane lives up to all the promises and specs on the Aerotrek website. Also, support has been good when I've needed it. It seems to be a solid company - they've been in business for over 20 years, and there are lots of these planes flying in Europe and now the USA.
TL;DR: Damn good plane.