It's ok. Good amounts privacy but it's more traceable than ring signatures on Monero. It also has a small anonymity set because few wallets support it. Definitely could be added to Bitcoin, the Litecoin codebase is almost identical.

From what ive read its a privacy lite version, but a huge improvement imo.

It hides amounts and addresses on-chain. A lot better privacy than the vast majority of blockchains, but it doesn't do anything to hide the transaction graph for an active adversary monitoring the mempool (which you would have to assume) like ring signatures, shielded zk, FCMP does I don't think th...