Untenable. The holes separated after three months.
At first I liked this belt. After a few months the holes started to burst. After about three months, a slit runs down the middle of the belt, connecting the holes into one large piece that no longer holds up my pants. Avoid this belt.
Pros
A belt like this would cost around $50 at my local department store. I paid $22. Act.
Cons
The buckle is not very strong and can easily come loose or break.