I have a LockJack Sport that I use with Samson Blue Streak. I've been using this device for the last four years, approximately three to four days a week (part time). I have never had to replace the cam. The LockJack Sport is very easy to use, however, it does not tend the slack as well as I would have thought. I have to pull the rope through the bottom of the cam with every "step" up (with a toothed ascender and foot strap). I found this alot easier than body-thrusting.
Two days ago, I was doing a silver maple removal. I set my climbing line with a bigshot high in the canopy, and did not realize that my line was over a two inch dead branch about three feet above my target branch. No problems on the way up, cut what I needed to, and started my decent when the two inch dead branch snapped. I was still about 35 feet in the air when it snapped, and free fell the three feet before my rope stopped in the target crotch I thought I sent the Blue Streak through. As soon as the branch snapped, I let go of the pull knob. At the bottom the three foot drop, the LockJack held, with no slippage of rope through the cam. I will have to remember to keep the leg straps on my saddle a little snugger, as the sudden stop caused the strap to slide up my leg (no fun falling three feet in a saddle with a sudden stop and 180 lbs of body mass coming to a rest on your crotch).
Other than operator error, I have had no problems with this device. But with any piece of unfamiliar climbing equipment, start "slow and low" until you can trust it and know what it is capable of.