I have two of these units, and would not be without them. They are in daily use. One of the advantages is that the wire can be routed vai pulleys so that the unit itself can be conveniently located while the wire is routed to a slightly different pickup point not directly aligned with the point at which the wire exits from the unit. On my drill, I have the unit clipped horizontally at the front of the head of the drill, and the wire is run around two pulleys to drop vertically down the right hand side of the spindle, to a projecting pin.
On the lathe, I have one permanently clipped to the bed so that it measures carriage displacement.
The units mount via large clips, so I can take the drilling machine unit and clip it onto the tailstock, measuring barrel travel.
I have a clip to allow a unit to be clipped on the carriage to measure cross-slide travel, but don't use it for that, as the resolution is not high enough. That's an issue often overlooked with the cheaper digital scales, so its not unique to this BW unit.
The features of the units are quite extensive, and they have 9 selectable travel measurement displays, so that for a mass production job I can turn to a shoulder, select the next position and turn another feature, etc.
The units I have are single axis free-standing units and they do not link to a central display.
Expensive – yes. Worthwhile – I wouldn't be without mine; to the extent that I have been considering buying a third unit (saving up, at the moment; and thinking about my Christmas List).
Marcus