Has anyone tried Eco-Plug on Honda Fit (2009-1013)?

My used 2010 Honda Fit has stripped threads on the oil pan’s drainage, thus previous owner put a temporary solution using a wingnut oil drain plug. I am thinking of replacing it with Eco-Plug for more permanent solution.

Just wondering if anyone in this group has ever installed Eco-Plug drain plug with magnetic cap for aluminum oil pan like the ones found in 2nd gen Honda Fit. If you have installed it on your Fit, how was your experience and do you recommend it?