User Review: Merrell Men's Phaser Peak Waterproof
Source: bought it new
Price Paid: $135
Very good, long lasting.
I had the very same previous model without the rubber toe caps. They are the longest lasting hiking boots I have ever owned.
The waterproofness was very honest into the wearing of them for the first three years, then lining got somewhat worn down and the leakage started, not immediately after encountering the wet environment though. The leather upper stood well into the punishment the nature has thrown on them over the years.
The boots were telling me "please let us go and rest in peace" for a long time but I kept them going, constantly gluing and everything until the last trek when the plastic heel supports on the right boot simply disintegrated.
The overall integrity of the boots is still OK, the outsole is still firmly attached to the leather upper, but the looks are gone.
They are still in production with probably better features. If you are looking for dependable boot, do not hesitate to buy a pair.