My parents flew with this airline, and they actually didn't mind the lack of "luxuries". Actually, my dad claims to have been able to lie across 3 seats and sleep the entire flight! No one bothered him to ask which meal he needed, since none were provided. This was Copenhagen-Boston, round trip. Besides some minor delays, there was nothing at all wrong with flying with them. Remember, if you cut costs, you can't expect things to run 100% perfectly. Hopefully there is no hit upon safety, I think federal regulations prevent that.
Food and drinks on the plane: One of the most important "features" of low cost flights is that the airlines do not offer free food and drinks on the plane. Food and drinks are sold on board, but they are quite expensive. If you travel on a low budget you should take some sandwiches from home. But remember that you cannot carry any liquids in your hand luggage past the security check!