Hey DaM, I had some of that very paper in my hands the other day.   I prefer the matte myself and there was only one package left of that and one of 48LB at 103 brightness.  Did not buy it as they had another deal going on that looked good.  I ended up with Epson's matte paper 44#, 9mil, 94% opacity, 97 brightness.  Will consider the presentation paper next time though.

For my Christmas cards I just thinking it would look fun on the confetti paper.  It was ok but not the best paper.  I think it absorbed ink like you said.  The cards were for an internet exchange.  Lots of fun. One went to Australia, one to Wales and one to England, the rest to the USA.  They'll probably get the cards and say 'ewww' , lol.  Next year I'll know better.