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This enables you to lock the Magniplier when closed. Great if you want to hang the Magniplier from your belt with the included lanyard of nylon pouch. These are added to the handle as such that you only use one of the two wire cutters at once.
The plier are solid and well made, but the plier replaceable tips are wobbly and don’t quite meet.
I’m sure they will still do the job of pulling the fish hook out.
Haven’t tried them yet, but they do feel good in the hand. Very comfortable.