To be fair, the shank on spigot and flute bits is correct - and there may be 1/4" bits that fit a 5/16" shank. but mine is not one of them. Unfortunately, I bought this 3-piece set almost exclusively because of the finger joint drill. The box is actually correctly labeled 8mm and they are all very well bubble wrapped in their little plastic boxes so two stars for tongue and groove and packaging.
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