I have been looking for a bit holder like this - and I have literally bought DOZENS of other bit holders over the years - and stumbled across this when my brother brought by his Makita XDT01Z to try out - as I have carpel tunnel and arthritis AND tendonitis in my right hand & wrist - from a car accident with a 15 year old driver - driving by himself on a learner's permit. I wanted something that would better suit my needs - as I an a sewing machine technician, and there are MANY different sizes of driver bits needed - as I work on many different brands of equipment in my shop.
I needed a bit holder that holds the bits in firmly and with minimal wobble - like MANY of the other magnetic bit holders have
This bit holder is the best one I have EVER used. The only thing I did to make it work for my applications better-- is to remove the irritating sleeve, - so you can use it without having the sleeve in the way - AND THEN - IT IS THE ULTIMATE BIT HOLDER. This bit holder holds bits in better than ANY bit holder that I have ever used. You may need a small pliers to remove the shorter 1 inch bits -which sure beats having them wobble and come out - as the cheaper magnetic holders do. What makes this one SO MUCH BETTER is it has a retaining ring inside of it - in addition to the magnetic function.
You can't beat the quality of this unit - and it's cheap as far as the price. I got MORE than I paid for with this bit holder,
and I would HIGHLY RECOMMEND it to anyone.