I bought one years ago when I aspired to work as a geologist. I occasionally use the inclinometer part, but have never used the compass for hiking. Of course it's not much use in the car either.
A compass of this quality is more useful for adding information to a map, than for finding your way on the map. There may be a few route finding situations when you need to take accurate bearings on a point off in the distance, but they aren't common. It isn't good for taking a quick check.
As for durability, have you ever broken a compass? Which is going to be more vulnerable, one of these in a leather pouch on your belt, or a plastic liquid damped Silva on a cord tucked inside your shirt? The needle on this type of compass is delicately balanced for great accuracy. When closed, a lever locks the needle in place, so it is protected during travel. But when open (in use), the needle is vulnerable. I think a plastic liquid filled compass would survive a drop better than this in the open position.
paulj