Yes and it is sweet! Makes getting it on the reel a whole lot easier. I sat down one night in front of the TV, put on a fishing show and spooled reels.
Yes, I love it! Well worth the money and Bass Pro will put them on sale. I took it with me to every tournament and forgot it for the Classic. So,I was down in the hotel bar at 9pm asking for someone to hold the spool on an ink pin. Great way to meet people but not very time efficient.
Get one...they are only like $14.99 on sale I think.
I have one and luv it too. I use a cordless drill with an empty line spool chucked in it to use a line stripper, that really works great and is fun too!