his is very close to a terrycloth towel, but is not just like one. However, after a couple uses and one washing I have really begun to prefer it over a terrycloth towel. Unlike a cotton towel, this towel actuals leaves me DRY, not damp dry, and it continues to be able to dry me when it itself is still wet, which never happens because it air dries in an hour.
I can see how some might find this towel "grabby", and it was when it was brand new, but after one washing it lost a lot of that feeling. It doesn't drag across your skin the way a terrycloth towel does, but it's still very soft (much softer than those chamois towels that REI and MSR sell) and I found it very easy to get used to.
I bought the XL for use as a full-coverage bath towel. When packed, it is a fraction of the size of an equivalent sized cotton towel. I don't bother with the mesh stuff sack, as I find it difficult to get the towel back into it- too small.