The drill bit has very sharp cutting edges and the built in depth gauge is great but when trying to use the drill bit in a cordless drill the bit wanders a lot, like in slots. I have tried the drill in both softwood and hardwood with the same result when hand drilling. My standard 1-3/8" (35mm) Forstner bit doesn't have this problem. I bought it because the carbide teeth last longer, especially when drilling chipboard/melamine, but I will drill all the hinge holes on the bit. Machine with it .