The original Quest 2 strap is, charitably, awful. So after a few weeks of struggling to find and keep a proper fit for more than a few minutes, I ordered this replacement. On arrival, I was underwhelmed by the packaging (a plastic zip lock bag) but quickly realized that this cut way down on packaging waste. This strap is well made, but the plastic does feel a little cheap. Assembly was straight forward, if a little fiddly while attaching the left retaining plate. It needed a little more force than the right side and I was concerned that I might damage my headset. It finally popped securely into place though!
This strap is far and away superior to the standard strap. It holds the Quest against my face well, without feeling too tight, which was the biggest drawback with the Oculus strap. The adjustment knob at the back makes it easy to get a perfect fit. The padding on the strap is very comfortable and the whole kit feels far better balanced than before.
If you are looking for a good replacement for the awful Oculus default strap, this is a perfect choice.