I'm a 36 and the large fit me right at the 3rd hole. I also have the XL for when I'm using my inside the waist holsters and that fits me also at the 4th or 3rd hole depending on the holster type. It's a bit stiff but very sturdy considering the width of the belt. Magazine holders that won't fit my thicker leather belts fit these because of the smaller width.
Pros: Sturdy
This review was written in the old system and had content requirements that are different than reviews written today.