I have always used sealed bearings but I have just fitted a hub dynamo to a bike using cones and cups. So I needed a cone wrench. I kind of thought for the price it would be a tool to use and serve, but I was wrong! Will stay in my tool box for a while. The fact that this is a park tool speaks for itself. The only complaint is that the dimensional tolerance is quite large. 13mm is actually 13.11mm and 15mm is 15.18mm. So it's rather sloppy on the cone but copes with its task. As long as you don't have a hard cone that requires a lot of torque, the wrench should hold. Yes this is a new hub and yes I service any new parts I put on my bike. Thus, the cone was easy to work with. I service my bike regularly so I don't expect any major cone issues. Famous Last Words! Definitely worth the price!
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