The horror stories I've heard were the cheapies before the microprocessor controlled ones came out.
I've got two schumachers right now at least 4 years old work perfectly.
My brother is a believer, after purchasing his fourth sea doo, the dealer told him to use a battery tender.
"It'll make your battery last longer" His comment "So why wasn't I told this for my first three 'doos?"
Now mine won't charge a low battery, battery must have a good state of charge BEFORE hooking up the tender!