I don't yet have the LCP-specific Fobus hip holster, but used Fobus' paddle holsters for both a Glock 23 and 27 for many years. In daily use, I have found them to be inexpensive, convenient, durable, and effective. As with all paddle holsters, the weapon stands off the hip slightly more than it would in a holster that threads onto a belt, so it can be slightly less discreet. My LCP is on order, and I expect to purchase a Fobus holster for it once it arrives.
That said, I found the Fobus shoulder holster to be a bit inconvenient; I find it takes two hands, or a real determined yank, to draw the pistol, because the holster secures it a bit too tightly. I still use the rig sometimes under winter coats that I don't care to leave completely open (as would be necessary to access a hip holster, when it's very cold outdoors. As an aside, several companies make jackets with zips on the sides (Blauer is one), that do permit access to a hip holster while the primary zipper closure in the front is closed during clod weather. I often wear one of those in cold weather, but they tend to look a bit "official", as these are typically jackets which have pull-down ID panels for plainclothes law enforcement use.
I also have a Fobus ankle holster, which works fine but is somewhat more bulky and also less comfortable than a nylon padded model that I believe came from DeSantis. I only have used the ankle holster with a Glock 27, and their model for a small pistol like the LCP may be more comfortable as well as smaller.