Perfect for my needs. Tight seal for hole saw when carpet is out of the way. No need for sealant. No loose nuts. No sparking through weak push-in terminals. The material is very durable. The extra cost is worth it in my opinion. The bolt assembly sticks out a bit and doesn't look very aesthetic, but it's not permanently attached so you can cut or replace the bolt if necessary. It might be possible be to make a cover that fits in, removing the wire section to fit in. It might be more of a special request item, although I'm more of a feature so it's good enough for me.
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