Coarse and microfine bit depth adjustment system with resettable depth indicator,  Exclusive Precision Centering Design centers bit precisely,  Large 3-3/4" base opening plus 2" subbase opening accepts large bits,  Tool-free templet guide adapter for fast and easy templet guide changes,  Magnesium construction, durable and lightweight,  Right or left switch and cord location,  One-piece armature shaft for accuracy and long bit shank capacity,  Double insulated,  UL listed,  complies with OSHA,  Includes Classic hardwood handles, Soft start reduces start-up torque, includes 1/4" S. R. Collet Chuck, 1/2" S. R. Collet chuck, 16mm Shaft Wrench, Collet Nut Wrench, Tool-Free Templet Guide Adapter, Chip Shield. Weight 10.2 lbs. Buy this tool at Tool King for $199.99 Buy this tool at Hechinger Hardware for $172.37