I think it is a beautiful stitch! 
Especially when using this floss:
This is pearl cotton floss, dmc color variations #4180:
I found this to be a very easy to learn stitch. When I saw how slanted the stitches looked in the example picture in 100 Stitches, I thought I would need guide lines. I was right! I drew mine at 3/8" apart. The example in 100 Stitches is worked from right to left so that is what I did. The first step is to come up through the fabric on the top line:
Pull all the way through and go back into the fabric right next to where your needle emerged:
bring your needle out on the bottom line, at a diagonal from where the needle went into the fabric:
Now make sure the working thread is under the needle tip: 
and pull the needle all the way through forming a loop:
I was a bit surprised at this next step. You now take the needle and go back down into the fabric, but on the way you pierce the end of the loop!
You go right through the floss with your needle - then come back out of the fabric at a diagonal to the top line:
Then, as before, make sure your working thread is laying under your needle tip and pull all the way through.
making a loop that you pierce again to make the next stitch:
pull through
and continue
until you have a long line of stitching:
According to 100 Stitches, piercing the end of the loop will insure that each loop will be held in place. It makes a difference - the finished line of stitching looks so nice and even. It looks so much better without the guide lines:
Here is the nice neat underside of this stitch:
This is stitch #43 and is in the linked stitches category of 100 Stitches.
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