Originally Posted by Shiznaz

In my experience, eggbeaters are great pedals:

Super easy to get into or out of
They let you pivot your ankles around a bunch which can be nice for track stands or stretching
They look cool and are light


But they have a few key problems:

They aren't all that smooth because of the bushings and single set of bearings
They have a fragile spindle
They have to be rebuilt/greased to hell pretty often
The end caps are so soft they get chewed to hell, but are the only thing maintaining correct tension inside the pedal. Really poor design choice imo.
The cleats wear fast
The release point isn't all that definitive

and the reason I won't get more eggbeaters:
They destroy your shoes. The rails on my stainless EBs have worn a groove so deeply behind the heel side of the cleat that the pedal jiggles around and I'm afraid the sole might blow out. Its probably worn away 3mm or more and there is only a wafer thin piece of plastic left. The pedals are super noisy now and barely rideable imo until I buy new shoes. I got the pedals and shoes as a combo for a good deal and have been riding them for 2 years so I can't complain all that much...

I'm looking for a set of ATAC aliums now for replacement.