Cordless Drill Bit Storage

Ya know Dan, I never thought about it before, but all my drill bits are cordless. :D

I like the idea of the magnet, though. I've got a 1/2" rare earth magnet stuck on the head of my drill press to hold the chuck key. (No attacment other than magnetic.) I've never had it fall off the magnet during use, and as long as I remember to put it back when I'm done with it, it's always easy to find. I also use several of them on the side of a metal cabinet to hold various steel measuring devices, including a 25' Stanley tape measure and a combo square.
 
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