Jakobud, that's only if you buy the extra balltop shaft...
Intel_Sebastian, do yourself a favor and just get the right tool for the job. Otherwise, one or more of the following things will happen:
1) You will hurt yourself
2) You will ruin the tool
3) You will do a terrible job and be ashamed of it

I have done all three, all because I didn't want to buy a router.

You will be surprised at the projects you find that a router is useful for in the future. (particularly furniture when your girlfriend becomes your wife and wants a nice table

) If you're not into woodworking at all, I personally think you'd be better off with a pre-built cabinet or CP. RedOctane makes decent desktop panels.
Coleman