Disappointing performance for the price, but that is to be expected I guess.
If you look at
this review, they claim the stick is a lot less secure as the code (from 5 digits) can be guessed as many times as you like with a little dismantling, which I'm sure any serious thief would have no qualms in doing. Fortunately, the chances are your average joe who'll pick it up once dropped will have no idea how to do this. The images also show why the thing is so chunky - it's mostly the rubber casing for durability.