I have used very good professional stuff and very cheap stuff. It's not a professional device, but for the price it's a good deal. You get what you pay for. Holds up well and keeps its function. After about 100 repeated uses, you may find that it starts to break. That means it should be a set-and-forget situation in most cases. This makes the cables easier to manage and does not come loose. With extension cords that you constantly remove and reuse, it shows breakage. And for the cost, I'll just cut a new strip if it doesn't hold up.
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