I use this product to punch holes in paper and cardboard. Works well, blades are very sharp. (Use a cutting mat!) The bit tends to fall out after a few holes, which is just a little annoying since it comes back so easily. This can be corrected by simply redesigning the collet and bit - adding an edge to the bit and machining the collet to accommodate it, or making the collet tighter than it currently is for a better grip .
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