For the money and effect, not really.
Its just that if water sits /gets in to that joint between the top or bottom iron on edging strip then it can expand the chipboard core.
Just need to be careful you don’t regularly drip and water onto them.
Think you need to ensure you get a good seal when you iron it on, without burning the strip ( use some paper between the strip and iron)
Perhaps there is a way to get a waterproof joint/seal with the edging strip, but not one I know of … others may do ….?