Product review (4 stars): Spins dry but will leak a bit. Drain hose gave out at the one year point.
This does an excellent job of spinning the majority of water out of your clothing.  My only complaint is that the blue 'bucket' top leaks at the base.  Thinking a bead of silicon will fix that though.  Just be mindful and have something to wipe it up.

Update:  June 2016 - a year after.  Still working great.  Still leaks but I have placed in on a countertop ironing board mat to control that.  The drain hose has sprung a leak that has to be fixed because there is no way to plug or trap that water.  The hose is very flimsy.  Waiting for LA to reply to email inquiry on replacement hose.