With this item, you gain the ability to edit your custom title (replacing your level text). After 7 days, you'll lose the ability to edit it again, unless you buy this item again, but please note the custom title you set is Permanently set and won't expire.
Daniel, wasn't there an error in suzerain mod where the support button didn't work, and you said you were working on it. Was it finished? Please share if it is.