I got this switch for my old, old Danelectro, original switch was crackling too much on the neck pickup position.
The neck shape, fret spacing & sound of this guitar make it irreplaceable as an "almost" acoustic guitar without the feedback problems. I use it a lot, so repairs have to be good.
I have used this switch before and find it reliable and pretty silent in use, the position is positive & definite, the body is earthed too and helps avoid unwanted noise at high volume.
Good things are not always expensive. This switch is a good example.
01/02/17 update. I fitted another of these switches to a friends (not so expensive) guitar, he now claims that the positive connections of this switch have thickened up the sound of his guitar, he always uses his AC30 on the same settings onstage, sure enough, the before and after live recordings proved this.