If you are stand hunting (treestand or groundblind), take the darned thing off in my opinion. Why have something that you don't need on the side of the bow that could potentially make noise if you accidentally "knocked" into something. Hang it on a tree and it's still right there if you need a back-up. You won't convince me that you need a second arrow "that quick". If you do, you can just reach up and grab one off the side of the tree.

I prefer the Kwikee 3-Arrow. Lightweight, inexpensive, and does the job well. I also like the screw-in bracket to put it up and out of the way, but close to reach for a second arrow (which very rairly happens).