This oven looks and works great.  It holds temperature very well as verified by a separate oven thermometer.  Preheat seems to be on a timer, not actually based on real temperature, which is strange, so the beep that it's ready is consistently too early based on the separate oven thermometer.  The oven does have a fan that runs after using it that aids cool down, but it is very quiet.  All you really hear is the sound of the air moving, not like the loud fan that was in my old oven.  Love this oven!