I used a set of steel spindled Aerolite pedals from around '87 through the early '90s - my college years and a bit beyond basically. I didn't have a car then and I used my bike for racing as well as all my transportation needs including grocery runs in running shoes with a loaded backpack and several plastic bags of food in hand, dangling from the bars (sometimes riding out of the saddle up steep hills back to my apartment). It's probably not the safest thing to ride those pedals with street shoes, but it's possible, and I did it all the time. I gashed a shin only once from slipping while riding unclipped through those years, and ironically, I was wearing my cycling shoes at the time. It happened in a standing start from a stop light. I did get questions about "where are the pedals" all the time back then, which I didn't mind.
They seemed like good racing pedals to me, but probably impractical for the kind of all around use that I gave them. Pluses: They are lightweight, impossible to accidentally unclip, simple, durable cleats (same cleats lasted the life of the pedal). Minuses: difficult to ride with using street shoes or unclipped, tall cleat makes walking awkward (but really no worse practically from other road cleats), can't service them, easily at least. Neutral: fixed position - no rotational float (except with worn bearings...). I didn't consider this a disadvantage because other pedals back then (quill with cleats, clips, straps or LOOK) didn't have float either except for the new at the time Time pedals. I still don't understand why it seemed like almost no one had problems with fixed position cleats back then, but rotational float is now hyped as an important feature.
The pedals finally died one ride when the outer sleeve of one pedal came off the spindle. I was still able to ride home by slipping the barrel sideways back onto the spindle and making sure not to put outward pressure on the way back. Inspecting the pedal afterwards, I noticed that the problem was the the locknut/cone came loose. Probably related to the wear in the bearings. I never serviced the things because there is no obvious way to get the end plug off to access the locknut/cone/bearings. I rode a lot and I rode them in all conditions... rain riding basically put a grinding paste of fine grit into the bearings, and the barrel got more and more play over the years. After seeing the innards, I realized that they probably could be serviced, but they were shot by then so I didn't care anymore. By the time they fell apart, I was no longer racing, so I put my original pedals/clips/straps back on and that's what still on that bike (I'm not really a weight weenie
and I ride a 17 year old bike. But I'll be a frugal semi-weight weenie for my next bike).