I love mine, especially since I was able to pick it up 2nd-hand for $15! Having experienced its functionality now, I would not hesitate to pay full price for a new one if I ever needed it.
Farthest trip so far came to 550+mi in each direction. After strapping the rack to the car and bikes to the rack, I did nothing else but check that everything remained tight and in order at fuel stops. The rack and bikes stayed solid as a rock throughout.
Hands-down the best bike rack I've used.