Rob Munro wrote a review of Shimano PD-M545 SPD Dual Platform Pedals on July 28, 2012
Well, the outer nut holding the cage in place sheared off after a hard but typical strike. Stripped the bolt making the pedal useless. Not to mention, the pedal inside the cage is a very low level pedal. On its own, probably $40. The cage is not worth $100. Look elsewhere.