I have had several Yonico bits over the years and yes they are good value. But I expected better from the brand. This tip was the right size for me but dulled very quickly and didn't hold up very well. Some of my other Yonico router bits have lasted a little longer than this one. Maybe their quality has gone down? Either way I would not recommend this bit. This only lasted a few hours before it tarnished, burning the wood and starting to produce an excessive amount of chipping. You don't want to buy this drill. Other guys might sell beats for double the price, but they last more than twice as long.