I bought a few of the Palmetto's during their last sale. I'm pleased with mine, it's well made, all metal and very solid. The thinnest piece of the sight are the aluminum "ears" on both sides of the aperture, and even those are still overbuilt and almost 1/4" thick. The sight is not spring loaded and does not lock open or closed. Press it up or down with your finger and it clicks solidly into place. I know the magpul gets high points for being tough, but I just like an all metal sight.
The only possible issue is that folded sight is not the lowest one around, but is still clears all my scopes.
I checked mine, and it's .610 inch above the top deck of the picatinny rail when folded, and clears my largest scope ocular with 1/8" to spare. Specs for the polymer magpul is .510 inch, so the magpul is a bit lower.
I like the sight, it's solid and a great buy on sale.