Bought as a tone pot, and coil split in one.
Pros are that it sounds good, no scratches or pops, and has a good smooth curve to the tone rolloff.
Cons are that it takes a lot of effort to pull out, makes a loud bang when it does. And the pot itself has absolutely no turning resistance, you can blow on it and it will turn.
That said, I don't know if I'd sped 3 times as much for something that feels a bit tighter but sounds the same.