Overall, the tow strap isn't bad for the price. They do get worn out from washing and weather, but for the price, I wouldn't expect it not to. The hooks are slightly too small to fit on the rear grab handle on our atv's (Z400 and Raptor 700R).
I bought 2, its good to have the extra length when you need it. I carry them in my tank bank so its always with me, works much better than packing around a coil of crab line like we used to! hooks work awesome for quick, secure attachment to the frame, bumper, or grab bar.