As with anything, if one takes care of the Panic gimmick, then there should not be much of a problem about damaging it. However, accidents of course do happen, and replacement gimmicks are available by submitting a
support ticket. I have had my gimmick for more than six months, and it is still in great, working condition. Though it doesn't hurt to have an extra gimmick lying around.
Panic is one of my favorite effects from the site -- and the one most often used, as well. It has served me well, and, in my opinion, is definitely worth every penny it is selling for.
Cheers,
JTM