Let me count thy ways.

1....2.....3....4.....

Well there are many more. But i just got my rollabind punch in at work. Let me tell you I cannot wait to start filing and organizing (ink) in my work.

Here's a question for those that use the system though. Do you HAVE to use all the holes. Do you lose much integrity if say I cut out half the holes and put in half the discs? So say 6 discs on a 8.5x11 paper compared to 11.

Nope, through I'd recommend it for something that you'll be using frequently, like a journal or planner. Unless you've got good heavy paper -- which you probably do anyway, for FP-friendliness -- having too few rings puts a little extra stress on those smurfs that do have rings. Besides, the ringless smurfs want to grab at things and get roughed up. A cover of some kind may be called for here.

For archival purposes, I have a manila folder with a punched spine, and have six rings in place. It works fine, but again it spends most of its life in a drawer, so I'm not worried about snagging.

Personally, I'd rather have filled holes than empty, I think it just looks better overall. And like inks, there are many, many different color choices available for the rings, see: http://www.wilde-ideas.com/Vndrs/Rbd/DiscPaks_lg.html for an example. If it's a matter of trying to conserve rings, don't bother. You'll soon find far more things to punch than you expected, and will need a large stash of rings to go with your large stash of pens.

EDIT for spelling.

Well luckily for me I consider the rings as business expense. Today i ordered 250 medium rings, 100 small ones, and 80 large ones. I think they'll last me a while. A lot of it will be archival stuff, hence the asking I guess if you could use less rings. Plus it looks like you can take out certain punches relatively easy leaving no smurfs to get snagged.

I've found the same to be true. There's always something that those rings will work well for. I've got a small stash of black and blue ones.

I will say this, though. Although they're more expensive, I'd consider looking at Levenger for their Circa rings, which are identical. The fit and finish (smooth, less burrs to catch paper, etc) is a little higher, in my experience.

Towards the end of the year, you might find some downright exceptional deals on closeouts (rings in oddball colors, etc.).

Be careful trying this! I thought the same thing when I first opened my snazzy Levenger desk punch: the dies are clearly screwed into the back, and with my screws loose I gave it a try, punching some cover materials where I didn't want an extra half-smurf near the end. It punched fine, I slide the dies back into place... and they no longer worked. This on a punch that had been out of the shipping box for about an hour.

Turns out that each die slides through the paper into its own private little mushroom hole. Unlike the three-hole punches we have about the office (which can have their dies moved around) the magic mushroom hole does NOT move when you move the dies, leaving them to press hard against a flat metal surface. When I jammed down on the punch lever, the dies I had moved were not sitting over said smurf-hole, and I managed to bork up the spring on the dies (each die has a small spring to lift it back into place after a punching action.)

Oops.

A little fiddling with a screwdriver and I managed to get the springs to pop back into place, realign the dies, and swear that I would never, ever do this again.

I don't know if the Rollabind punch allows dies to be moved, but I would look very carefully at how the dies work on your model before moving them. In the case of the Levenger punch, this means removing the rubberized smurf-collector from the bottom of the punch, so you can see the wee little holes that caused me such angst.