This is our second Greenway bamboo umbrella clothesline. After 5 years +/- and leaving it out in the hot sun and rain it's finally beyond repair. Storing it away when not in use would certainly have helped its longevity. 

Pros: We love the compact size, that it's wood, the aesthetics. It's easy to use - not too heavy or bulky. 
Cons: Don't leave the pole in wet ground as it will rot.  We waxed the pole for easy sliding. Depress the release button when raising and lowering the umbrella to prevent wear.