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@pip
Would also lump in Suzue Pro Max (still in plentyful supply in the UK) and Dia Compe Gran Compe (allegedly built with the same machining as the Suzues) as decent cheapish hubs that are worth your money.
You would have thing that Formula would have sorted out this locknut problem by now, but I guess even if they had, theres still thousands of their hubs out there.