Works great, don't know why you'd spend more. Only question surrounds the warranty. Almost all hand tools purchased from brick and mortar stores(even Harbor Freight) come with no-questions-asked lifetime warranties. What happens to this when in breaks?

I use it to cut bicycle brake and shifter cable. For this purpose, it works flawlessly. Cuts quick and clean.

Overall very happy, I'm of the opinion that most of these are made in the same factory and that brand name, not quality, dictate price.

***My Rating Criteria***
5 Stars: Works exactly as advertised, fit/finish are what you'd expect when purchasing this type of product AND it is a good value
4 Stars: Works exactly as advertised, fit/finish are what you'd expect when purchasing this type of product, might have a minor flaw
3 Stars: Generally works but I'd change a few things OR Product works great but differs from description/images
2 Stars: Barely works but can be made useful if you try
1 Star: Useless, does not perform it's intended function whatsoever and is generally a waste of money

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These worked great on 1/8" ss cable for the first 50 cuts. Then the latch holding the jaws closed broke, no great loss but they're always open in the tool bag, grabbing fingers and other tools. The next 20 cuts were much more effort and the cut began to be ragged. The last 10 cuts were difficult and left ragged edges that were difficult to insert into the swage socket. So if you have a small project, these rock. If you want a tool that will still be working for the next generation, spend a bit more money.

I bought this product to cut bike cables in a clean manner and it does that with little effort (I'm a girl with not much arm strength so if I can do it, you can too!). Successfully installed a new shifting system on my bike and cannot be more happy with this purchase. Also ordered a bag of 100 cable end caps for >$5 here, the cables were clean cut enough to fit properly. Would recommend for anyone trying to cut bike cables.

I got it to cut some steel wire for a project. I was a bit skeptical, due to the price and size, but my expectations were exceeded. It cleanly cut through the 1/8'' 7x7 steel wire w/o fraying it. It easily went through the ferrules. I didn't even have to wiggle the cable to get it in.
I don't know how long it will last but for me it did its job. I only needed it for a small project. If I'll need it in the future and it stops cutting I will update my review.

We were doing a cable railing project which required about 200 cuts of 1/8" stainless steel cable - didn't want to spend the money to buy the expensive cutter as we won't be using it again. Found this pair on Amazon with an ok reviews - but we took our chance and ordered them anyway as the price is very reasonable - we figured even if it became dull after 100 cuts we can buy another one. This turned out not to be necessary and the one pair completed the job beautifully. Clean cut on the wire and after 200 cuts it still very sharp. Highly recommend this item.