Yes mine is a little worn now but after approx 6 or 7 years use @ 20-odd quid I don't think anyone could complain!!

I've also replaced the rivets which hold the handle to the channel with small nuts/bolts- as these worn rivets are a significant source of wear/play in the unit as it ages.
I hate to see development just for the sake of it, wagtail now have a load of different squeegees & none of them come with a clear explanation of what each one achieves over another. Development usually takes things forward, wagtail seem to have retailed all their own trial & error experiments.
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Yes you have it right only once they sent me a new type of squeegee to see what thought of it.
Well did just that actually it was to with pivot point explained the problem.
Got properly told off said that would cost to much!!

Since then as most people would know fixed those very simple problems and put that up on You Tube.
Now have completely DIY squeegee that was built mostly to the way I use it.