Well built for hard use. Nice idea in that it's basically three pieces of gear all in one place. Simpler than a bowline on a bight w/ 2biners setup but only useful with three bomber trad placements to avoid shockloading. No way of simply fixing the center like in a cordelette to remove equalizing ability.
Can get messy if you don't come up with a good way of storing this on your gear loops. Rethreading the rings can be a little tedious if it gets all futzed up. No way of simply fixing the center like in a cordelette to remove equalizing ability.
If you're planning to use mostly static anchors, Look into a cordelette.
Adjustable, light and versatile. Recently started using these again when I read about tying an over hand to mitigate shock loading if a piece failed. Get the 3ft and use runners to lengthen if needed.
Could cause a major failure if some how cut through, just make sure you know what you are doing to remain safe. Not recommend for top rope if equalizer will rub against rock