I have seen a lot of SO insulation crack and disintegrate over years. Other times it holds up fine. I guess some is just low quality. But other than that it seems fine to me.
I sometimes install custom built gensets that have the connection box mounted solid to the gen head which is mounted solid to the engine. So it vibrates a lot. Any kind of conduit enclosed cable used on one of these will loosen the locknut, saw through the connector/adapter, and saw through the wires. So I use SO, or type G or W, with a gland connector, so that it will actually last a lot of hours.