Perfect! It ended up hanging my chair lower than I was thinking but works for me. It came wrapped like crazy and was a pain to cut off. Beware the hardware came stuffed in the connection point and required something to move it out (I stuck my scissors in the slot and wiggled it up and out). However once everything was unwrapped it was easy to install. I did have to do a little jiggling to get the bolts to align. 
 I liked that this had a bolt that goes through the top of the post so I don't have to worry about a sodered hook that might come off. It does have a loop that slides through the slot so the posts don't turn and I thin you could also attach a rope from your swing to it if you want (my swing sometimes catches it).
Currently its inside because f the weather but I may move it outside once it warms up. There are no rubber "feet" on this to keep it a little off the ground.