I've been using it since March with no complaints. It'd be great if manufacturers could standardize on something like this so that the port could be flush.
There’s also been reports of fire due to friction and dirt
They just can't call it Magsafe (trademarked) or use the patented Magsafe design.
Also lightning (the connector used in iphones starting in 2012) is different from magsafe (the connector used in macbooks starting in 2006).
IIRC, the USB Type-C connectors should survive at least 12000 insertion cycles.
In practice, this does not seem to be true, so I assume that many USB Type-C connectors substitute the more expensive alloys and coatings that they should use for the metal contacts in order to achieve conformity with the standard with cheaper alloys, and this is not something that a normal user can check when buying a device.