I have had my blue Oliso iron since they first came out I have never had any problems with it and although I also own a few inexpensive ones that is the one I use almost all of the time. If anything happened to it I would definitely purchase another. At the time I bought mine it cost $199.00 but since I have had it for at least 9 years I feel like I got my money's worth I would encourage anyone to buy it, that being said I didn't get mine at a discount store so don't know if you would get the same value with one from Walmart.