Does it keep it's height locked in place well?
I hope I'm not overhyping the tool, but it really is perfect for my weekend projects.
The height adjustment on it has a quick release buckle (not sure what its actually called), similar to a quick release seat or wheel on any modern bicycle. You can tighten the nut on the end of it (which was necessary out of the box, and the other end of the wrench it comes with for tightening down the collet can be used for that) and once you clamp it down again it shouldn't shift at all. It is plastic, but for this type of work it seems completely sufficient.
The manual seems to recommend making a couple passes if you plan to do a very deep recess, but 1/8" will be a piece of cake. I can do a quick run on some scrap MDF (if my neighbors aren't home, possibly during the week... otherwise definitely next weekend). I'm a little curious anyway, since I may want to recess my sticks that are coming in tomorrow.
It churned right through the 1/8 acrylic like nothing with the laminate trimmer bit, so MDF should be even easier.
I found that Home Depot appears to sell this (as a Ryobi) for $50...I'm torn on going with this or a corded one...I just worry that the 19.2 V batter will die after a few years due to lack of use.
Yeah... the corded one sounds like a solid choice, especially when you consider the total commitment required by a 19.2 set. Not that I'm trying to convince you, but I absolutely love my 19.2v tools. I also have this guy in my kit:
http://www.sears.com/sr/javasr/product.do?BV_UseBVCookie=Yes&vertical=TOOL&pid=00911391000Mostly because my household is the type that never has a working flashlight around. Either the battery is dead or the bulb has failed. If you happen to be a similar type, a set of tools that share the same battery might be a great investment.
But if I had a garage that I could keep the doors closed on, I would probably still be happy with my corded one.