well and good

(all) well and good

Perfectly acceptable or adequate. Often used to juxtapose some other problem someone hasn't considered or addressed. A: "As you can see, this will be the most advanced smart phone available on the market." B: "That's all well and good, but will it be affordable to the average consumer?" We all agree that your presentation was well and good.
See also: and, good, well

(all) well and good

good; desirable. It's well and good that you're here on time. I was afraid you'd be late again. It's all well and good that you're passing English, but what about math and science?
See also: and, good, well

well and good

Acceptable, all right, as in If you can get a better discount elsewhere, well and good. This redundant phrase was first recorded in 1699.
See also: and, good, well