I thought I would go the extra mile and buy this lead rather than a standard planet waves lead. The idea behind the lead is simple, you have kill switch on the right angle end of the lead so that when you are switching instruments, you don't damage the speakers by sending a surge unwanted feedback or frequencies down the signal. This can be especially annoying if your distortion channel is activated on the amp. You are also paying extra for the gold plating on the lead which conducts the signal a little bit more efficiently but doesn't really make that much difference.
Finally, if you take away the extra features you'll find that this is a standard but very quality planet waves lead.
One, thing to point out which I had problems with; is the fact that when plugged directly into some of my guitars, the signal doesn't come through when switching to the lead pickup.
Also, like any other planet waves lead, you can collect the plectrum points if you keep the packaging (same with d'darrio strings)