I think it is a nifty and useful product, which I bet one could find all sorts of other uses for as well. Although one could argue evrything not rounded that pokes out anywhere on your bike poses some sort of risk for injury, or damage to the bike (i.e. snagging), the risk of this gadget is so miniscule I could hardly call it relevant when it's utility is conscidered - it doesn't frighten me one bit.
I've seen it before and have conscidered it for my commuter - I have just never otten arround to it. I would have liked it better if it was lockable though. I do like Tim Cullins idea of using a carabiner. You can also find lockable carabiners (i.e. with pin locks). And you have the option to use that carabeener any where on your bike, luggage, camping gear, etc.
Thanks for the reminder Guiri, I will conscider getting one on my new bike. It is one of these things that don't break the bank and that will see use many times a day. Although I try to minimize stuff that bloats my set up, something like this is very useful. Saving one drop of a helmet and a scrathed visor and it has paid for itself.
One note to both Guiri and Rapax - stay friendly.
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