I used to use magnetic discs that screwed into holes in a perforated panel and I like them. This product is no different - it works well although the magnet is a bit weaker and the tool has a rubber surface instead of a metal plate which won't scratch them. The 1.75" washer set comes with two sizes of screws (for two sizes of holes on the hole plate). Screw the correct size into the magnet, tighten with a small screwdriver, then screw the screw/magnet into the Hole plate and tighten hand. The disc is firm, holds metal tools well but is easy to remove/move/reuse if needed. Very happy with this purchase.
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