Generally such a jig is used for 3:1 Z-Rig pull with a hold by cam. When on hold though, it is only a 2:1(unless cam is on anchor and not load end, then 1:1); 2 legs of support/pull on Load ; ending at cam. When you go to pull it; you make the 3rd leg of pull for 3:1 ending at your hand; or in other words another leg of pull past cam. As any Zrig/3:1 can be 2 handed for 4xpull of 1 hand. Piggy backing systems with 1 hand pull for 9x; 2handing into that 12x; best at 2 handing a Z inset inside the other for 16x pull of 1 hand. Usually for such a purchase; you'd need more sheave(s); giving more friction to reduce force you are trying to multiply. A Z-rig made in just rope on ring and butterfly giving only 1.65x effort pull on Load or so from the 3x potential of the path of forces; due to friction losses/ inefficiencies. A downside to 2Handing and insetting is that usually less tension is on anchor than load; but these strategies place matching tension on anchor as load.
i'd imagine that would be a bushing pulley (more friction than bearing) and the small sheave diameter/ratio not give much leverage over that. Both factors combining for a less efficient pulley; and the small sheave making larger leveraged bend in line.
But, it sure is nice to pull and have the hold of the tension available. Also can get more power on it then; as you are then freed to impact into the system, and have it hold the tension.
Alternatively you can choose to get a larger, bearing (both factors combing for more pulley efficiency; and less leveraging against line tensile) prussik minding pulley. Tradeoff is needing prussik, and some 'play' in the system/ hold function not as instantaneous as cam; but then doesn't just pinch/ tear at line like cam.
All depends on your needs, lines, style of attack etc.