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Got one for the ole man for Christmas one year. It works pretty good. A lot better than trying to sharpen bits by hand on a grinder. Gets the angles just right. When my bits get tired, I go to to his shop to sharpen them. Usually, Mom insists on feeding me a meal, too! Win-win!
We just bpught one and we love it, just take your time read the instructions andt get after it. On ours you can sharpen at two different angles, one for stainless and one for other and you can also do some fancy tip but ive never done it. Ours is a Drill DR. not a knock off. We run use to run through alot of bits and this is lots better.