Great for reports that are either too many pages for other types of report binders and for pages you don't want to punch holes in. I used for 80 page thesis. One came torn at the top and the biggest disasppointment is that there is no way to remove the label that runs down the side of it with Staples the description of the item and the item number. Who wants that on a presentation folder? If this were removable then I would buy again---otherwise no.