I've been using these since they first came out. I use the white version for sun protection and the black version as lightweight knee warmers. They stay up well unless the legs of your shorts have lost elasticity or with baggy MTB shorts. The fabric is lightweight but has held up very well (5 years with a lot of use). The white version does a good job of reflecting solar and absorbing sweat (then evaporating). The result is in really hot conditions my legs stay cooler with these on than if my legs are bare (same effect with the sun sleeves for arms). They fit easily into a jersey pocket if you take them off.
The fabric is good at blocking UV rays. Unfortunately, the ankle was WAY too big to provide grip around my lower calf. I am male with muscular legs (5-8, 185). These fit well at the thigh, and do the job. I had to use velcro ankle reflectors around the lower portion of these to keep them from flapping while I ride. A miss.