If it works as it should, and lasts, it seems like a reasonable tool to have on hand. The price is reflective of Garrett Wade, but it is what it is. We have torque multipliers at work that are similar.
I think if someone jumps up and down on a new lug wrench, supplied with newer cars, you'll probably end up bending the handle. They're not very strong. The days of long sections of fence pipe used with the lug wrench are 25 years in the rear view mirror.
I haven't had a wheel installed by someone other than me in over twenty years on any of my vehicles.
"The first thing you need to know, will likely be the last thing you learn." (Unknown)