Anyone Have or Use a POLAR PACER HRM?

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I am getting this on Tuesday for cheap cheap cheap because it's 2nd hand. I know it's not the best but for me, it's a good starting point price wise.

So has anyone used this one or have it now? What has been your experience with it? Did you have any issues? It *looks* like it has the chest strap with it and from what I read online, it does. Any opinions people?