This is a great blue backlight LCD display. As the pin resources of Arduino controller is limited, your project may be not able to use normal LCD shield after connected with a certain quantity of sensors or SD card. However, with this I2C interface LCD module, you will be able to realize data display via only 2 wires. If you already has I2C devices in your project, you can still program this LCD with the correct I2C address. It is fantastic for Arduino based project.
Please check the video on how to interface this LCD with Arduino board.