Bought it Sat for $26...love it. It makes large and small holes and it does all shapes and sizes and brands of eyelets/snaps. I had to try it out before buying and ran to get some of my MM eyelet stash. I wanted to make sure it would work on the MM since I have hundreds. It actually curls or crimps more than splits. It is easy to squeeze, takes a little effort to line up, but over all a great tool!! The only downside I see is that it will only work around the edges...you wouldn't be able to use it in the middle of a 12x12 sheet of paper. I think it goes in about 1 inch or 1 1/2 inches max. Our store had a 12 hour crop and sold all but 2 in one day!!! Love it!!