A good article on when this device is, and isn't, useful.
Basically, in extremis, it will do very little to increase holding power, and the better solution is to take the weight of the device and incorporate that weight into the anchor. Or, the biggest 'new generation' anchor that you and the boat can manage is the best way to maximise holding power.
But:
"Other applications:
This is not to say that kellets are entirely pointless; they serve other purposes.
They can contain and minimize swing radii in light conditions
They can help dampen “sailing” at anchor
They can keep a boat stationary when using bow and stern anchors
They can help ensure that rode is kept down and away from the boat’s keel, rudder, and propeller."
- and the last mentioned is the particular need that I have.