I've picked up some tools and supplies from Menards over the last year and a half - since they built one w/in an hours drive.

I've been happy with both the selection and the quality of their materials as well as the prices.
Menards is usually 2/3 the price of Lowes and Home Depot, sometimes much lower - like half the price.
Much better selectiion also.
The quaility of the wood from Menards far beyond what either Lowes or Home Depot carries.

So far, I've avoided buying their tools though.
I've seen some very good prices on their Masterforce line and wondered about the quality.
Where does if fall?
Harbor Freight level? Ryobi? B&D?, "New" Porter Cable?