Reviews state that its pretty easy to break into.
To quote the road.cc article above:
In locked mode, attempts to prise them open with my hands proved reassuringly futile. However, a wander round the web suggested they were readily defeated using heavy-duty pliers or a magnet… The latter worked but I later discovered slight play in the skewer permitted this. Fully home and it wouldn’t budge but pliers demolished them in 48 seconds, freeing the front wheel Similarly holding the acorn end with pliers and rotating the cam also induced release. Configuring each so they open in a different position might slow ignorant, opportunist thieves to the point they go in search of easier pickings but regrettably the existing design is too easily overcome.
If you want a quality product, look at something like Pitlock skewers which are pretty difficult to grab onto, and can also be installed for things like seatposts and stuff (Pitlocks have been around for years and are generally well regarded).
Alternatively, lock your wheels properly with good quality U-locks or chains. For example, if you catch the rim in the rear triangle of a standard diamond frame, you can't remove the wheel from the bicycle or the frame without cutting the lock or the rim (which is extremely unlikely to happen).
One thing about security is that bad security looks very close to good security a lot of the times (and assessing good security is often based on trust; if Bruce Schneier says a computer security system is good, you might feel okay about it; if Joe Schmoe on twitter says so, you probably wouldn't put any stake into it). So, do your research on any products that you may consider buying from quality sources.
Also, be aware of your threat model. If you live in certain areas, things like these aren't going to be worth it cause the threat of people stealing wheels is negligible. In other areas, it may be redundant with the locking strategy you always have to employ. Anyway, things like security skewers and bolts are for relatively casual thieves; remember that you need to avoid them walking away with the whole bike first.
I'm always cautious with things off Kickstarter, but the idea of Hexlox looks similar to the Pitstopper from Pitlock; the question is if one (or both) of the implementations are acceptable in quality. In any case, both Hexlox and Pitstopper look inferior to the original Pitlock system IMO (but I haven't done any tests with either of them). The Point system doesn't look very secure either and I've never heard of the company either.
