I have used similar spring binders for other projects, have found them to be a bit annoying. I use, especially for FH, 4 ring binders, and plastic sleeves, I find that this makes it a lot easier to keep certs and so on in good nic. If I want to keep notes etc.. then I just use pre punched loose leaf paper.
Obviously once your research is completed(yeah like that will happen), then I would maybe look at a spring binder.