a good PSU will be able to deliver most of it's power over the 12V rails, something like 90-95% of it, simply because this is how most of the power gets consumed, so if your rig is consuming 300W, it's probably consuming 270+watts off the 12V rail.
Therefore if a PSU claims to be 550W but can only provide 250W on the 12V rail, the question should be asked 'is it really a 550W PSU', and the answer is no, as it can't provide 500+watts of 12V rail power which is where most of it would be used.
In your case it can do 48x12=480W, which is OK, not great, not poor.
It has various protections:
• A dedicated single +12V rail offers maximum compatibility with the latest components.
• Active Power Factor Correction (PFC) with PF value of 0.99.
• AC input from 200~240VAV.
• Over-voltage, under-voltage, over-current, and short circuit protection provide maximum safety for your critical system components.
• High-quality capacitors provide uncompromised performance and reliability.
• A three year warranty and lifetime access to Corsair's legendary technical support and customer service.
• Safety Approvals: cTUVus, CE, CB, FCC Class B, TÜV, CCC, C-tick.
• Conforms to ATX12V v2.31 standard, and is backward compatible with the ATX12V 2.2 and ATX12V 2.01 standards.
So it's OK, it may not be as 'sturdy' as other PSU's but it ticks most boxes.
I can't say it is a wonderful PSU and you'll be happy for the next decade, I can say it's OK.