You really can't appreciate a tool like the Pace until you've used one. It's easy to dismiss - "it's just another adjustable-temperature soldering iron." "There are tons of others that are half the price." Etc. But if you do a lot of small component soldering - like soldering wires to pads on a decoder, or soldering wires to a 603-sized surface mount LED; or soldering a 1/8-watt chip resistor to a small piece of circuit board (or directly to a wire!), the Pace is incomparable. My father-in-law, a master carpenter, taught me that for truly high-quality work, you must have the right tool for the job. He is absolutely right. There are some things for which only a table saw will do; others require a mitre saw and still others a jig saw or band saw. Yes, you can often "get the job done" with a different tool, but the job will never be as precise, neat, or easy to accomplish. If you do small component soldering, the Pace is the right tool. John C.