Product review (5 stars): Should have made this change long ago...
In order to understand the benefits of this appliance, a little background is required.  We live in a small, vintage, rental without modern utility hookups (no washer, dryer, or dishwasher).  We love the aesthetics of vintage living (15 foot ceilings!) so much we decided the benefits outweigh the lack of modern appliances.

There is a coin operated commercial top loader washer and dryer combo provided by the landlord in the basement, however I discovered the washer really doesn't get our clothing clean when I went to dye my jeans in the bathtub.  The directions for the dye said the clothing had to be completely wet before you added it to the dye bath.  So I took my "clean" folded jeans and ran them under the tub tap while I kind of walked on them to make sure the water squished through all the fibers.  My "clean" jeans turned the water a really filthy grey color (this wasn't the dye coming out of them - these jeans were really faded).  That washer should be called a "swisher" as all it did was swish the clothes around in dirty water and distribute it evenly.  Then I baked it in with the dryer.  I tried rinsing a few more items of clothing in the tub and realized that they too, were not as clean as I hoped.

We purchased a portable washer.  In order to hang our clothing to dry in the house in the winter (or on a folding drying rack outside) we really wanted to get even more of the water out.  So we purchased this spin dryer.

We are very happy so far:
- It really is very lightweight (can be lifted up by the handle and moved with one hand).
- It gets out an enormous amount of additional water after the spin cycle.
- It is really easy to use.  REALLY REALLY EASY!
- Our clothing dries in a matter of hours.  Even our large bath towels are spun out enough to hang dry inside now.
- I wheel the washer away to a closet and the spin dryer sits on top.
- I am able to get our laundry washed, dried, and put away much faster.  In the winter or during a stretch of rainy days there were times I was so sick of looking at laundry hung up around the house.  Now I can wash in the morning, hang everything and come home in the early afternoon to put it all away.  Then actually enjoy a clean and uncluttered house!

Here are some of the things I wanted to know prior to purchasing (the answers were scattered through out many reviews, I am condensing them into one place):

The spin dryer will fit several articles of clothing at a time but not a full wash load.  It really matters what type of clothing you are spinning.
- I can fit four of my husbands cotton under shirts in one spin (he is a mens size XL) or one pair of his carhart brand jeans  (really thick denim)
- My jeans are the thinner stretchy type, I can fit 2 pairs in one spin (I am a ladies size 8 tall).
- Child sized clothing, socks, undies, and such can be loaded up!  I put in enough to fill to the top and then the plastic "holding" piece and let it spin.
- Twin sized bed sheets fit with no problem, I spin the flat and fitted sheet at the same time.  One king size sheet can fit.  I noticed I really don't get a lot more water out of bed linens.
- I can fit two full sized bath towels in one spin load.  The towels have to be "balanced" very carefully to prevent the spin dryer from banging loudly.  It took me a few tried to get the hang of the towels, when I have my helper (child) "helping" me, I have her just spin one towel at a time.
- The directions have guidelines to spin for 1 -2 minutes for light items and up to 5 minutes for heavy items.  I have found that our clothing requires much less time than that.  I usually spin it just until the first rush of water comes out of the bottom.  You can keep spinning but the water slows down to just a drip or two after that first blast.

Since I used to have to dry the heavy jeans and towels in the basement dryer at $1.25 per dry and it usually took 2 cycles, this appliance will eventually pay for itself.  I estimate in approximately 72 dryer loads it would be "paid" for.  So at one load of towels and one load of my husbands jeans a week we break even in roughly 36 weeks, not quite a year of use.  However, the ability to have clothing dry much faster in the humid area we live in would make this worth it even if we weren't saving money on the heated dryer.  I wish I had purchased this months ago!