The American Bandit Marker Buoy is one of the best marker buoys on the market! The more precisely you can mark your reef or wreck, the more precisely you can fish it. The Bandit Buoys' unique ability to set itself at the proper depth and indicate current direction makes it a valuable tool no fisherman should be without. It will not drift off the spot and comes with 200 ft. of braided nylon stored internally.
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Had the old style for several years and it worked great. However, don't put to much anchor weight on the buoy, which can cause it to sink and possibly be lost. Found it was best to have two people retrieve the buoy. One to pull the anchor weight the other to wind the anchor line. This is the only draw back I have found. Setting the anchor line tension can be a little tricky especially if there is a strong current.