A classic episode. Squidward repeatedly failing the skill crane despite it seemingly grabbing the toy and letting go at the last second is funny and also somewhat relatable to anybody who has tried to win something out of a claw machine. Despite Squidward's repeated failures, this also doesn't feel like a Squidward torture episode, as it's all done in humour and he eventually wins the prize. The ending scene was funny and memorable with Squidward and SpongeBob realising "being the crane" doesn't apply outside of the skill crane machine.
10/10, imo it's one of the funniest and most memorable episodes of season 4, and maybe even the show as a whole.