If used properly.
Quote by slapsymcdougal
You can tell if it's eager, because you put your hand down her pants and it feels like a horse eating oats.

Nicest compliment on my looks:
Quote by slapsymcdougal
Putting the 'sex' in 'convicted sex offender'.
Same as other guitars. If you keep it/store it on the headstock you will eventually damage that. Gotta think leaving it on the guitar in position could work that slow damage to your nut that storing a pick near there between the strings would do. However I'd spend the money to get a quick clip on/off with tension adjustment capo with padding for the neck made of aluminum instead of those wrap-around and tighten or snap a clip to seat ones. You'll thank yourself later.
I used to hate capos on electric but eventually figured out that you can put it on the fret itself. It sounds great and won't bend the strings.