Man whose car got swallowed by a sinkhole bemoans the inefficacy of seat belts and air bags.
Translation: No surge protector is perfect, or can handle a direct strike but 90% of equipment damaging surges are survivable with a decent protector.
I’m near Hilton Head and as I was typing this I literally lost power, my UPS kicked in and my HT lived through another set of adverse power events. On average I live through a dozen such events a year that I know of, and probably several I do not. I can't imagine going naked when it comes to the incoming AC power.