As you've probably heard, the Quansheng UV-K5 is the hot new HT. And there is a good reason it is so popular. I've been having a lot of fun with mine, and I would highly recommend getting one. 2m FM is fun, and 2m SSB or CW is even funner. And if you choose the same firmware to load as I did (uvk5cec), it will transmit APRS and SSTV.
I made a video going over how mine is setup. Hopefully it helps if you have one. And I'm sure there'll be more videos coming with it in use. The CQ VHF contest is just a week away....
And one that requires a license to use. A lot of people buy them and just use them without a license, but if you get caught, it can be a pretty decent sized fine.