Yeah - I got one when I switched to a new, significantly larger lathe and wanted to keep using the Robust tool rests with shorter posts...it works great for that purpose, also, as you point out, getting the banjo away from an edge. I do use it a lot more than I thought I would. The only thing I find a nuisance is having to reach for an allen wrench to loosen it up for a slight adjustment - been meaning to replace that cap bolt with a knob or ratcheting handle, but haven’t yet. Its not that big a problem I guess.