I received a sample of this as a birthday gift from Sephora and was really excited to try my very first Nars product.
The colour was nice and pigmented, and easy to apply. It did feather and bleed though and became VERY drying on my lips. I had to slather on the lip balm for quite a while afterwards.
I haven't tried it again. I think the only way I could make the lip pencil work is by prepping my lips really well with lip balm first and then using a lip liner before applying the pencil.
I bought one of these velvet matte lip pencils a while back and while I adore the colour it is quite drying and does not look as clean/tidy as my other non-matte NARS lip pencils do.
It does last for a long time but it wasn't as non-drying as advertised, and would often feather on my lips without the application of something else beneath it.
Tips: Works much better for me with a lip balm underneath