The magnet is weak, not very versatile, make the meter thicker, makes the meter clunkier.
This magnet is a joke compared to the method that fluke uses. (Very strong magnet surrounded in rubber on a strap)
The price of the magnet is very disappointing given the massive list of cons. It was also a major disappointment that the magnet was not included with my meter seeing as how fluke includes theirs. Overall the operation of this magnet has been very off-putting and I will be finding away to adapt flukes magnet strap to my Milwaukee multimeter for added safety convenience and ease of use.
As an update the magnet has snapped off in my meter and cannot be removed. It is a complete piece of junk and should be completely avoided. This magnet IS. a waste of money.