The pencil uses a standard top button to advance the lead (0.5 mm standard) and when the button is first depressed, a short, straight, metal lead sleeve comes out. While many other pencil's store an eraser under the top cap, to access the Insignia's eraser you must pull the entire top half of the body completely off and then a large red eraser is available. Underneath the eraser, the pencil is able to store an impressive amount of spare lead .
Pros: The pencil's slim design gives it a high quality feel similar to that of a high-quality woodcase pencil, and I like the color a lot too.
Cons: The pencil can be slippery and uncomfortable for extended use, and the top half has a tendency to slide up the body without being pushed.
Price: One of the least expensive Parker's and as of the writing of this review many can be found online in the $10 range
