After reading all the reviews of people who have had this press break on them, I thought I'd toss in a word with my experiences with it.
First, I will agree about the rubber handles slipping down from time to time. This is a minor issue - they don't really slide enough to cause a problem, and you can push them back up. It isn't like they come loose and fall off - it takes a bit of effort to pull them down.
The red piece that fits into the holes make cleaning up much, much easier - I've had much quicker cleanup with this press than any other I've used - though garlic does tend to gather around the hinge also, and that can be a little tough to remove. The red piece has come off a couple times, staying stuck in the holes it's supposed to clean, but goes back on to the other side easily enough.
I've had mine for about two years, and still no signs of breakage, or any problems other than the minor ones already listed. There may be better ones, but this is much better than your run-of-the-mill garlic press, I know that much.
Addendum: About two months after initially posting this review, I discovered exactly what others were talking about when referring to the hinge breaking - suddenly, while pressing garlic, the hinge just gave way. No warning, no signs of stress beforehand. The hinge just broke and the press died. I've thus realized that while this is a nice, useful press for the time it does work, it will likely eventually break on you. Something to consider.