Who has one what do you use it for?

I've used mine for many car projects.

To cut off cat bolts
To cut off sway links
To notch hood for mdx spacer
P&P things where you don't need to get into deep spaces.
endless grinding options with it.

Since they are no long mandrels for it ,it's limited.
Also it only accepts 1/8" sized shank bits or smaller.
Most long mandrels have 1/4" shank.

One note would be to get one that has a varible speed because it will ware out most bits so fast because it will spin 30,000rpms uncontrolabe if not.
Most of the bits for it like 22-25000rpms or slower.

Besides work projects, we'd take AOL CDs and put on the end of the unit. You can't go max rpms because the CD will explode. (I was lucky that it didn't hit anyone, but a shard did lodge in the ceiling). At about setting 3, give a little jerk and the CD will fly off and shoot across the yard like a missile and go for a 1000 yards.

make retrofits
cut headlights
cut projectors
PnP stuff
steal bikes
sand down stuff

^

Its great for sanding, but cutting of stripped bolts, is worth every penny.

Polishing
Retrofitting headlights
Cutting thick metal
Grout work (but in honesty, the RotoZip works better)

I have both the plug in Dremel and the cordless. The cordless sucks. I stick with the plug in for everything.

Dremel = must have tool

+1

And +1 on the multimax. Got one when I did my bathroom renovation, was invaluable.

I use mine for woodwork, sanding, polishing my guns/metal/etc, cutting screwdriver slots in those "special Honda bit only" screws.

I borrowed a friends cordless one to try it out, and it sucked. I needed to charge it about 4 times to finish my task

Don't buy a tool and figure out what you could use it for, find out what you need to do and buy the best tool for it.

I usually will borrow if its something I seldom need. If I ever find myself needing another, I'll buy it.

If you can get one that plugs in then do it.. the one I have sucks because the batteries don't last long and they take forever to charge. Mine is old though, so maybe the newer models are better.

I've had my (corded) moto tool since 1994 when I used to build RC airplanes. It's the only power tool I own, and have ever owned, in almost 10 years of home ownership (granted, all condos). Incredibly versatile, and there are attachments that'll let you do pretty much anything ( ).

I used it do to a port and polish job!

I have one. I find it useful once in a while, but it's so incredibly light duty it drives me batshit. I don't know how you guys find the patience to actually cut a bolt of any real size with one.

I don't cut bolts with it. That's what my bench grinder/cutter is for. If it's a bolt that's stuck and won't come out, and 1/2 inch drive corded impact drill will solve that problem.

Or a cutting torch works well.

With the right cut off disc, it can cut through with ease. But if you use just the regular "heavy duty" cut off discs, theyll shatter immediately.