I tested it, however, have little experience with such devices so reports simply times of my experience with this device.
Included with the actual binding machine that can punch the leaves as well as binding, a complete starter set is already so that you can start immediately. Here are some spirals and cover pages and back.
The device is not self-explanatory so that the guide should be on hand as a good start immediately helper necessarily. If you have done all you can once the manual but also dispose. The handling works well, is first perforated, then the helical lands inserted and spread on. Then the previously perforated sheets can be inserted. With a little practice you get through that quickly.
The binding machine has a good weight, which gives a stable impression. All parts which require stability are well made of metal and. A properly Robust part so.
According to the description, you can do so bonds of up to 350 pages. That seems plausible test I could but unfortunately not. Only when you have to punch the whole thing in stages doing the punch punch more than about 12 sheets. The holes are punched clean and do not fray. Thus, the leaves can insert good to tie.
As for the price / performance ratio seems to me the Peach PB200-30 with about 40 euros as well, I can recommend the home user indefinitely. As it is in constant use office I can bad estimate.