i've been a convert to expensive threaders. this is not that, but it's definitely functional. plus, who doesn't love adorable animal shaped anything in their sewing box? if you're wondering about the animal, we think it's squirrel shaped, and anything squirrel in my crew is 'mr. peanuts' (due in large part to a very adorable book called XXX)
 
if you're familiar with coin threaders, i'd say this is unarguably a step up from those. if you've used a double, stand-based, japanese, push-button threader- nope, not even close. but- it's functional, and i like it more than wire/coin threaders, and it's a $1.50. i think for a $1.50 mr. peanuts will serve you well!