I'm usued to using a Hougen mag drill for my trade but I wanted something for home use so I gave this a try. It's a value that works. The magnet is powerful and the unit has worked well. The cutters it comes with are on the cheaper side but for 11 cutters and a mag drill I'm happy for the price.Safety wise I'm cautious when I use this machine though. First reason is there is no magnet drill interlock (the magnet doesn't have to be on to start the drill and you could accidentally shut off the magnet instead of the drill) also there is no safety switch shut off under the drill if it pushes off the metal surface your drilling. These are 2 features I've liked with the Hougen drills this one lacks. But this also lacks the extra 800 dollar price tag