well and good

(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