Originally bought this because I wanted to tape my cymbals to reduce overtones while playing in smaller rooms. But now I use this for everything. I use the roll of tape as a snare weight, and it does a phenomenal job at muting any ring. Who needs moon gel when you have tape? I taped my hotrods when they started falling apart, now they're good as new. I cut my finger while drumming for a gig, taped that right up, good as new.
On a more serious note, the tape leaves little to no residue on any surface I put it on (drum heads, drum shells, cymbals),and any little bit of residue that might be left is easily washed off. The only thing I might complain about is the stickiness of it. It isn't the stickiest thing I've ever used, but in most cases it works just fine.
Overall, good value for money, endless uses, would recommend.