This binder is indeed a "better binder." The seams on the spine do not split like on traditional binders. Also the binder opens more than 180 degrees due to the flexible seams on the spine. The ring opening mechanism is easy to use and the shape of the rings assures that documents don't slip out when you open the binder...even if the binder is full! The only negative is that the clear plastic sleeve on the outside which holds a customizable cover sheet rips easily with general binder use. This is rather frustrating as the binder then looks old and used yet is perfectly fine in every other way.
They may be on the pricey side however they will last an entire school year for my son. The less expensive ones I had to purchase 2 or 3 to make it through the school year. So in the long run they are worth it if you are hard on binders.