Haven't tried it with cloth wire but I assume that it should work, I might have some cloth wire that I can try somewhere, stripping plastic-coated wire is a real breeze though, you can strip more than one wire at a time with it.
It also has a wire-cutter, plus some crimp-connector jaws on it as well, and a wire-size setting so you can strip various sized wires, you only have to squeeze the black handles together to strip the wire, so it's pretty quick and efficient, and the actual wire-stripping mechanism is designed in such a way that the inner wire-strands don't accidentally get nicked by the blade that cuts the insulation, once the insulation is stripped-off the wire, there's about 5mm or so of the wire-strands exposed.







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