I've got a HF/tool sale laminate trimmer that anyone can have for the price of shipping. I woudn't use it for anything but trimming laminate. The plastic, friction held base is too movable for t-slot cutters or anything where holding the set depth is critical. Collet's pretty dicey too. I got it I guess to just leave a 1/4" roundover bit in, but I tend to just change the bits on the good one I have - a dewalt with a threaded depth setting wheel.