I agree with the other reviewer that the bolt is held in place to keep the blade out. I find this makes the box opener more difficult and less convenient to use. Seems like a small thing, but I regret buying this version and don't like using it. It's like cutting something with a knife, except the blade slips a few times when you try to cut - unless you're just holding the handle. Of course, eventually you will make the cut, but would you like to use such a knife again? As soon as I can I'll get myself a Westcott ceramic blade opener. I think the magnet is neat but as I hate using the opener myself.
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