I have a pair of carbon sole Nike road shoes I purchased off eBay. I just wanted the shoes, but they came with eggbeater pedals and cleats so I decided to try them (I've been using look).
The cleat is installed on the bottom of the shoe properly as far as I can tell, but I find it extremely hard to find the right alignment to clip in. I like the float and feel, clipping out is ok but to me seems more difficult than the look (but use very low spring tension).
In two years of riding I have never gotten stuck, fallen nor had issues with look, and never even practiced when I first started riding. I've fallen several times with the eggbeaters in only a few days by either not getting clipped in and having the hard carbon bottom slide all over when I start to pedal, or I'm unable to clip out as they just seem really stiff and hard to get out of.
I have noticed that there are adapters for road shoes, and that a lot of people used bike shoes with this pedal type that has the cleat recessed into the shoe rather than sticking out. (so you can walk in the shoe) I'm wondering if the previous owner had installed thr cleats in a less than ideal manner, by not having a recessed shoe type, or shim adapter that guides the clear into place. I want to makes sure before I decide to give up on the eggbeater pedal design.