I bought one of these in 1980 something. Work took to me to Australia so I arranged to buy 8 plus grinding fixtures, not all for me! I think that there were only two sizes then, I had one of each.
Initially I was impressed, they worked well enough on my relatively light weight lathe. I upgraded to more rigid machinery, and found that the the tool would move downwards under a heavy cut/feed. Could also be the source of vibration. Easily sorted with the large butt-welded HSS tooling I had. Not as easy to sharpen though! For a while longer I used the diamond tool holder as a finishing tool until I got to grips with disposable tips. The tool holders went when I upgraded the smaller of my two lathes, something I have occasionally regretted.
A couple of criticism I have of them is how often is an internal square corner needed? Best avoided if at all possible. A good friend who worked in a toolroom ground radii along the edge of several pieces of HSS for me. Was this something offered by the supplier at on time?
Also, tougher steels would soon bring on the need for frequent sharpening that (near) square corner could be a bit delicate.
John