I have a cheap 3 hole punch that caused me nothing but problems. I went to Staples to replace it with a higher end hole punch. I was pleasantly surprised to find this one at such a great price. I recommend this hole punch for smaller jobs (15 pages or less).
By the price of this product one should not expect a lot. It's a bit light because the construction has more plastic in it. The blades are sharp and the cuts are better with less paper. The holes width are adjustable. The only caveat is that the holes punched are much closer to the end of the paper than other better quality 3-hole punchers. The holes are also much smaller than average. Bottom line this 3-hole puncher works and will do your small jobs.