well and good

Adjective

 * 1)  Basically good, but with some shortcoming or limitation.
 * Having 200,000 people on your mailing-list is all well and good, but how many of them actually read the mailings?

Usage notes

 * Frequently preceded by, as in the example.

Translations

 * Italian: tutto bene
 * Norwegian:
 * Bokmål: