This is only a new tool to me, it's been around for some time. I could never justify spending that kind of money for a skill saw. Even when it bears the name Festool! That is until one day when I had to make 3 podiums for the Knights of Columbus. I had 3 sheets of 4X8 1/2" plywood to work with. I have a friend that has one of those high buck skill saws and I borrowed it for this job. Big mistake.... after using that high buck skill saw, I was hooked! That is not a skill saw, it's a table saw in your hand. Sure I had read about it saw lots of stuff on You Tube, but after using it I had to go out and buy my own. What a great product it is. I will be looking at other Festool products in the future with a much different attitude.