I have the same clasp on an older belt, the system is effective, the box contains the basic tools to disassemble the various parts with no visible worries. The leather strap looks good (although the length is a little tight, 5cm more would have been perfect), but we'll see over a longer holding time and the elements. The loop is solid and well finished appearance.
I do not regret my purchase. The price is right and the belt generally of good quality.