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

well and good

All right, but something else may be better yet. This expression has been around since the late seventeenth century. Robert S. Surtees used it in Handley Cross (1854): “If you . . . can find anything out about them, you know, well and good.”
See also: and, good, well
References in classic literature ?
Well and good. But not a penny piece besides--not a pair of gloves, nor a theatre ticket.' She didn't understand--was very offended sometimes.