Yes. I think that was implicit in some of the posts above. The metallurgy wasn't all that great and the hub design was focused more on aesthetics than on mechanical integrity. The result was a hub that had more than its share of failures.

The C-Record hub also had the useless cosmetic dust covers on the ends of the hubs. They needed a special Campy cap puller that's of course no longer made and very expensive when you find them. Alternatively, you can make do with a couple hacksaw blades, but you risk dinging a hub every time you want to service or adjust the hubs. The only redeeming grace is that the dust covers had a tendency to loosen a bit over time and either fall off on their own (or rattle incessantly while riding). Italian design at its best -- like a 1970s Fiat. Thank heaven that Campy came back from that debacle.