Very well, but then I already knew that having used the product since 1990.
When I removed the U shaped straps that are there to catch a failing driveshaft on my CR-V and washed them with degreaser, what was left were two shiny black painted pieces of cheap metal with a cheap coat of paint on them that still looked like the day they were installed. And they are right in the open subject to just about everything under the car.
Not bad!