it it much better solution than using the good old bath chain. But again it all comes down to cymbal vs chain weight. If your cymbal is too light , for example 1600 - 1800 g , this chain could kill its sustain (dampen it ) to much , but again you probably wouldn't use a sizzle on that thin cymbal or you could try bath chain that is usualy lighter.
I bought it to change a sound on my rather pingy jazz ride that was missing a littles bit of that dirty and nice sustain you get from thinner cymbals. It probably is not a substitute for rivets , which are ligher and sit near the edge of the cymbal, whereas this chain lies along the whole cymbal, so rivets would again give you a different sound, but this way you don't have to drill your cymbal and possibly regret after.