Two years with heavy use (nine kids aged 1 to 14)

Edited: two years in, still works great! So I bought this a year ago and we've been using it pretty much every day since then. It's been used by almost everyone in the family and it's held up great. I'm not noticing any loss of grip from the holders. It works much better than other types of tension-based holders that rely on springs. I don't want to oversell it, but with eight kids, it's definitely been put through its paces (and arguably the wringer as well) and it's done its job.

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