Well, that guide is off and it does not create a punch in the correct place

The guide makes it easy to punch and also it fits perfectly in both my A5 and personal size insert.

If you like to make your own pages and just want to print out on regular paper and use half sheets, this works perfectly with a little fiddling to find the right guide placement

I didn't have any alignment problems like some of the other reviews; I just pulled out the guide to the A5 setting and punched like the video shows

And what a warranty!The hole punches slide to the correct guides and stay in place while using them