No. Here are some reasons:
For most people, the 200+ hours of the Magnabait's battery life is more fishing time than they’ll actually have on the water. The amortized cost of boats, trailers, equipment, fuel, meals, sleeping accommodations, even second homes and recreational vehicles brings the cost to $25 to $50 per hour spent on the water fishing. The extra $0.49 or less per hour spent on the Fish Magnet increases the possibility of actually catching a satisfying number of fish by dozens of times or more.