I also have a cord minder, and it works very well. Which reminds me, I also don't like the amount of room the cradle for the Panasonic takes up. It's not a problem by my sewing machine, but would take up way too much room on my ironing board.
I had bought it to replace an old iron that fell off the old ironing board one too many times, but it didn't take long before I realized that it wasn't going to work as my "main" iron. But I'm sure glad I have it for when I do need an iron at my machine.