It's a lavalier mike so it has a response curve designed for off-axis pickup--when you wear a mike at chest level you never talk (or sing) directly into it. 5 dB is a little too much treble emphasis for most music recording, but it would be tolerable under some circumstances--and that treble peak could be tamed with EQ if you liked the mike in other respects.
Unfortunately the noise level is about 10 dB greater than a studio condenser microphone would have, so that might be something to consider. Also, with an output impedance of 1800 Ohms (~10 or more times the output impedance of a studio microphone) you can't use long extension cables because their capacitance would start to reduce the high-frequency response and perhaps also the headroom of the microphones.
It's definitely a nice-looking package, and Shure makes very consistent, reliable equipment that gives good value for money, but this mike wasn't really designed for high-quality music recording.
--best regards