Let's be careful of, umm...April Fools Jokes...on contentious subjects, folks...
Jim
SMC Moderator
Let's be careful of, umm...April Fools Jokes...on contentious subjects, folks...
Jim
SMC Moderator
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The most expensive tool is the one you buy "cheaply" and often...
.....I'm waiting for the HF knock-off.Originally Posted by Loren Hedahl
Rick,Originally Posted by Rick Christopherson
Excellent post.
I view Festool's strategy to stay at the high end as extremely positive. Over the last 5 years (10 years?), the quality of tools sold by the big box stores has gone steadily downward. Prices have dropped or stayed the same, but quality has decreased.
For example, consider the Dewalt DW718 replacing its predecessor the DW708. (I almost bought a DW718.) The 718 has new and better features, but a commensurate drop in quality. The 718's head is floppy compared to 708 and the castings aren't as good. Dewalt used to make higher-end tools. Now they are in the middle tier and dropping.
Unfortunately Dewalt is in the "black area of death" as you call it. They chose to go down the price curve.
Like many other companies, Bosch has followed them. Some of their tools are still quite good, but many (most?) are produced at the lowest cost and are now mediocre.
Now match this with another trend - baby boomers retiring. I'm 60. I'm a contract software developer and am still happy doing what I do best - developing database software. But sometime in the next ten years, like many other baby boomers in the last five years and many more in the next ten years, I'll retire. I've worked hard for the last 40+ years and like many baby boomers have reached a point where I can afford better things. My point is that after accepting mediocre quality much of my life, I now choose not to.
In the next 10 years, you will see a flood of relatively affluent retirees hitting the streets. We will have excess available time, some available funds, and the willingness to spend both time and money on satisfying and fun pursuits. These retirees are thinking... "I've worked all my life. Why struggle with poor quality tools!?! It's time to treat myself!"
Into the path of this incoming flood of retirees steps Festool with high-quality (albeit expensive), innovative, effective, compact, light weight tools that meet their needs. Keeping the price high is unfortunate, but it allows Festool to keep the quality high and the innovation continuing.
IMO, retiring baby boomers now and in the future comprise and will comprise much of Festool's DIY market in the US of A.
Regards,
Dan.
It's amazing what you can accomplish in the 11th hour, 59 minute of any project. Ya just have to keep your eye on the goal.
Wow. They really generated some industry buzz. I wouldn't be a pioneer for a tool that pricey but ya might be OK with FesterTool cause they do make pretty good tools.Originally Posted by Dan Lautner
Maybe in a few years I'll think about getting one. By then inventory should have recovered.
Ha HaOriginally Posted by Mike Goetzke
Word dude !
Just a little to add on to the baby boom theory stated above. I have put position in the position to be fairly comfortable (I'm a boomer) in my retirement years but many have not. I personally know of boomers who have no retirement plan and no savings. They tell me they will have to rely on Social Security (ha! ha!) or work till they drop.
I don't think SS will handle 75,000,000 baby boomers. I do not think that the retiring people will effect the sales of very high end tools. Most boomers have been preparing by collecting as we go along. I personlly think that the 40- 60 year age group will continue to dominate the sales. I think people buy more when paychecks are still coming in and don't want to dip into retirement money for a hobby. If you don't believe me ask my LOML. She has plans for ALL our re tirement money!!!
Gary K.
Goes to show ya that all the grousing about the prices on Festool products is reflected in the supply/demand stream. Sold out? Too high? NAAHHHHHH.
They have a great product, and we want 'em. Guess that they aren't too high after all. (Chuckle.)
Bill
"It is discrepencies like this that tells me that there is no insider, but the story was invented by Mr. Lautner for sensationalism. Taking a look at this poster's history further supports this notion.
There is no doubt that Domino pre-orders are very high, and I have predicted as much ever since I first became aware of its existence two years ago. But presenting such information without foundation is extremely irresponsible."
Don't get so offended by an april fools joke big fella. You sound like the FBI analyzing a homicide case. Relax a bit and go buy a domino.
Dan
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For every single hour of uninterrupted use, this machine pays for itself.
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$900 an hour????
Boy did I pick the wrong profession....
Is kinda like PS3 and Stones tickets....
Al
Remember our vets, they need our help, just like they helped us.
So for those of us who pre-ordered (from Mr Marino in this case), when will Festool drop them to us?
I know the release day is today, but I assume that is the day they'll be shipped, not the day they'll arrive.
Anyone have Festool drop ship before? I've always picked my bits up locally.
Pete
Originally Posted by Bill White
Who is this WE you are talking about? Did you take a poll? Who and where did you poll? Inquiring minds would like to know.
Gary K.
Al,
I have had a Domino for 3 months or so.
Lets do the math.
I can cut a mortise with setup one every 10 seconds.
6 a minute.
360 in one hour.
On the job. In your house. With No dust.
Any project I make for you that needs 360 M/T joints
is going to cost about 10 dollars less then a year at Yale.
So what's 900 clams?
Bait at that point.
Per
"all men dream: but not equally. Those who dream by night....wake in the day to find that it was vanity; but the dreamers of the day are dangerous men, for they may act their dream with open eyes, to make it possible."
T.E. Lawrence
I don't know about machine shipments, but I DID get my brochure in the mail today...quite a centerfold...
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The most expensive tool is the one you buy "cheaply" and often...
John,Originally Posted by John Gornall
Did you get your answer? The answer is sure, if you're not careful the Domino can move. I've seen it move a bit when plunging quickly into hardwood before I was really ready to plunge and hadn't securely placed the Domino. The Domino has a pair of plastic grippers which help prevent the tool from moving as well.
Another thing I noticed is that the cutter tends to self center. You might see the Domino move a hair to the left but then because the bit is swinging left and right, it seems to pull itself back on center.
In my review there is a test where I use the Cross Stop to position the mortises. Four mortises in each piece indexed off four different places, using the exact fit setting and everything goes together perfect.
When doing a long run of mortises like in an edge join, you just set the width for the middle setting and you'll have plenty of play. You will find however that you can place the mortise so precisely that you really dont need to use the wider settings all that often.
Last edited by Bill Esposito; 03-30-2007 at 5:24 PM.
Bill Esposito
Click on my user name to see the link to My Personal WoodWorking and Tool Review Pages
Festool shippng has always been pretty quick in my experience. I just hope all you guys getting Dominos dont slow up my receiving my second MFT, I'm only home for a few days next week in order to receive it off the truck before I head out againOriginally Posted by Pete Brown
Bill Esposito
Click on my user name to see the link to My Personal WoodWorking and Tool Review Pages