I did wonder if I had bought the right piece of kit when I saw the cinch demoed on QVC but having used it last week Im glad I got the BIA. Its easy to use, takes up hardly any space and I havent had any problems like some seem to have had with the cinch and the pegs for hole punching. The only other thing I would recommend getting if you get a BIA is the spacer bar which allows you to punch your holes nearer to the edge of the paper. I personally think its a must have with the machine.
Just to let you know Rich has replied and said he's not sure when more stock will arrive x
am currently bidding on one on eBay that ends soon so fingers crossed x