I needed this plug as my choice of cable for darker sounding guitars (low capacitance, Cordial CGK Road 75) is slightly thicker than most guitar cables. In a way I was rather annoyed that I needed a different type to the model of Neutrik plug that I had been using in the past but in a way I don't mind it so much now as this slightly 'enlarged' type is not only as good as the regular Neutrik plug but the oversided body has more metal so -in a way- it feels as it provides an even more solid and robust feel to it. By the way, soldering your cable onto it is not easier or more difficult that when using your regular Neutrik plug. The only downside is that this plug is a bit more expensive than the regular one but still good value for money for a very good quality product.
I really liked the design idea of this jack connector. I like how it snugs the cable and holds it in place. However, the connector was kind of hard to work with. The central connection (tip) is kind of exposed and the sleeve connection is just like a big bowl. I was always worried that it would disconnect and make a short inside. That and my low confidence in my soldering skills made me go with a fully assembled manufactured cable.