Does what it's supposed to. But if use a different cover plate (such as if you're putting this into a 4 gang box and need to use a 4 gang cover plate) then this won't fit unless you shave a little off the corners. In other words the corners need to be rounded a little more than they are.
Not designed for using banana plugs front and back of plate
After buying this plate I sent a question to the chat desk and was told: "Well you can only use banana plugs on one side of the wall plate" "with our wall plates and banana plugs the tips touch in the middle. So you can fit them in, but they will not fit snug". I like Monoprice, but this product did not meet my expectation.
Turned my mess of cables sticking out of the wall into an organized outlet on the wall for plugging banana cables to my receiver. I used two of these for setting up the cable situation behind my receiver. I put them next to each other using a 2-gang wall plate instead of the 1-gang wall plate it comes with. Now all the pairs on the left are left channel and the pairs on the right are right channel. Top two sets are front and rear speakers and the bottom set is outdoor speakers.
Works like a charm, really brought my organization together!
PROS: Organized cables Easy to install (if you are handy at all) Compatible with standard outlet size so it can be used with different covers