I haven't used it, but I got a 16" two-handed tool from Amazon and it was still kind of difficult to pull the 1/4-20 closed-end rivnuts. I think the HF tool is a hand-riveter? So it would be even more difficult, I think. But the smaller open-ended rivnuts are easier to pull.
FWIW you don't even really need one of these tools. A strip of metal with a hole in one end, a bolt and a wrench will do the trick too.