This is the bobbin carrier that comes with the Majacraft Rose Spinning Wheel. It comes with three large pegs to hold the bobbins, a small peg to hold your pulley, and a magnet where you can store you orifice tool or allen wrench. This version has black plastic bushings inserted in the holes for the pegs so they stay in place nicely. You could use this as a lazy kate, however it doesn't have a tensioning feature like you would get with the Majacraft Universal Tensioned Lazy Kate.