The switcher does what it says on the tin, allowing you to use one HDMI monitor and USB 3.0 accessories on two computers. I use this to switch between laptop and Mac mini. In about 3 weeks of use it was working for HDMI with no issues, but there were a few crashes (keyboard/mouse freezes) on the USB port after switching from one computer to another. So far this has been fixed by removing the headset from the Switch, so I'm not sure if it's a Switch or headset issue. I haven't tested any USB 3.0-only devices yet, so I can't comment on that part. However, the webcam works well without a switch.
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