That eBay hunk of junk is not a surge protector in any way. It's really an over current protected power strip that if you draw more than its rated amps, trips. You can tell the difference just by looking at the Belkin, it has surge protection, all of which happens in that big section with no outlets by the cord. That, or Monster, APC or similar will have listings on the box stating the joule ratings and warranty if the unit fails in protection. A UPS does a similar job by charging a DC battery which is then converted to AC for the outlets, the battery will absorb any spikes or surges.
Pulling the plug is always the safest route, if it's not there it can't get hit being the rationale. But unless you are dead center of the storm...