I got this awhile back, and I'm not very impressed with it. For one, it comes with a large amount of velcro on the front (as you can see in the pictures), which makes it difficult and loud to open in a game. Also, there is no way to keep the top open like other dump pouches can. It's fairly small for a dump pouch, it can fit around 6-8 mags in if you really squeeze them in.
While it doesn't function well as a magazine dump pouch, it could be used as a utility pouch. The "lip" piece can come out by removing a few buttons (some are already undone in the pictures), and it opens up a fairly large space for putting things, possibly as tall as a Green Gas can. So yeah, it's a good pouch, but not for what it's intended for.
The elastic lips are removable
Too much velcro on the opening flap
Annoying to open to put mags in the heat of battle
A little small for a dump pouch
Not good for it's intended use
I would not recommend this pouch as a good magazine dump pouch.
Rating: [3 of 5 Stars!]