I reckon they're awesome.
Been using them for years and since they changed to the steel spring, they don't slip at all.
I've tinkered with mine and added pulley wheels and a cleat so that the angle lines up perfectly with the rope direction.
People shouldn't see the biggest advantage as the lever system when rigging. Down haul tools all do that well.
The big advantage is being able to add and release down haul in seconds, while out on the water.
One sneaky thing a mate and I did was when we changed to RDM masts.
It seemed the cost of the north XT RDM (carbon) extension was ridiculously expensive.
- so we simply separated our SDM North XT plastic bases (that contain the ratchet system) from the Alloy tube and inserted it straight into the bottom of Chinook rdm extensions (that we already had) ie '2 button' extension with the bulb shape at the bottom.
They fit perfectly, work a treat and saved us hundreds $$$$ : )
We call them Chinorths
I have a Carbon Chinorth and an Alloy Chinorth....