It sounds just like any other mic, with subtle differences audible only to the most trained ear.
Their frequency response is probably well characterised and documented, so you can simulate one by putting an appropriate EQ over a "normal" mic and the outcome will be indistinguishable from the real thing.
Trained ear means one where you have good speakers (headphones may be better) and listen to the same thing on several different microphones. It isn't hard to train your ears if you want to spend the time.
Often used for horns, violin, guitar cabs - sources where you want to reduce "shrillness" but you can use them anywhere.