The only reason this item got 3 stars is because it cost as much as 3 packs of strings.
While I'll admit it's a huge step up from my wifes hair scrunchie, I feel like the scrunchie accomplished the same thing without the trendy "v" logo. It's kind of like the reason we all buy starbucks - so we don't feel like a moron when we part with 5EUR for a urine sample sized cup of coffee, just because we got the trendy starbucks logo to walk around holding it as if it's some sort of status symbol.
That's how I feel with the fretwraps, though I wouldn't imagine not having one on my guitar at this point to squelch the harp-like harmonics coming from above the nut.
The quality is good, though, and I have like 5 of them now... A few more and I'll have enough to trade in towards the price of a new HB guitar.
HB makes these as well and my next order will be the HB brand, as I'm confident I'll get the same exact result.