I have a Willis collet die and use it regularly on some of the magnum calibers that I own. It is particularly useful under the following conditions:
- hot loads
- commercial rifles with large tolerances
- resizing brass fired in another rifle
Please note that you will still need an FL or body die to bump the shoulder back by .002", as required.
A nice feature of the collet die is the inner gauge at the top of the die. You can get a quick indication of whether or not the brass is excessively large immediately above the belt.
Is it worth the cost? Yes, particularly if you own a rifle with large tolerances, have several magnums and/or collect range brass. With the latter you can recover the cost of the die quickly.