Just bought this for LO (2 years old) I have only used this stroller twice but if anyone is looking for a lightweight umbrella stroller, I just got the Summer 3D Lite Convenience Stroller and it's pretty great. We'll see how it holds up long-term but I think it's a great option for people wanting quality but not for Maclaren and UppaBaby prices. This stroller is $80, though I bought an open box on Amazon and got it for $65.

http://www.amazon.com/Summer-lite-Convenience-Stroller-Black/dp/B00D4XZO2E/ref=cm_cr_pr_product_top

Pros:
-Lightweight, has a shoulder strap, so you can just collapse it and carry it on your shoulder.
-5-point harness
-max weight is 50lbs. (a lot of umbrellas go up to 40. I think the Volo and Uppa G-lite go up to 55)
-high handles, great for tall parents! No kicking the back of the stroller. I'm 5'7" and DH is 6'3" it's perfect for both of us.
-good for taller toddlers, too
-it RECLINES!!! Almost fully flat, too.
-storage basket is easy to reach (except if kid is fully reclined for a nap) and pretty big for an umbrella stroller
-there's also a pocket on the back for your stuff, it's ok, not the greatest

Cons:
-Though it's easy to collapse, it is a 2-handed job, so if you have to keep an eye or hold your kid and collapse the stroller that could be a pain
-the sunshade is cute, but not going to cut it for really sunny days
-the cupholder is kind of a joke (but I don't need it)