OK, so if you've never had a mag drill before, this will be a game changer. As people often do in these reviews, they list the pro's and con's, so here goes:
Pro's:
inexpensive
strong enough
well packaged
adjustable throw (length of up and down)
Reversible and speed control (nice)
does what it is supposed to do
complaints about shank (not weldon) had them sending
me an adapter (for free, 3 weeks to get directly from China)
so that I can use my existing bits
Con's:
bits included suck; even flooding with cutting oil might get you 10 holes. (HSS, not carbide)
Metric annular bits: what's up with that?
Universal shank as opposed to Weldon, so if you already own bits, they will
not fit this machine without an adapter ($80.)
short throw (up and down), so that if you were using the Jacob's type chuck, adapter and (included) drill chuck,
you might not be able to drill through 4" square tubing (unlikely)
Entry level machine; just enough 'oomph' to do the job but its limitations will start to appear
pretty quickly.
With all of this said, it's worth the $230. I paid for it and it will get used. It is def not worth $300, so
don't do that...