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Yeah, most seem to come with an adjustable chuck. The two linked to in this thread both accept bits up to 5/32. Most dremel bits are less then that. There are some 1/4 bits, but I haven't run into...

I think it means that its not for professional/extended use.

Well, it seems I'm gonna post another link to American science and surplus. They've got a foredom type tool pretty cheap. I haven't bought it b/c I really don't have the space, but I've thought about...

As others have said, make sure that you know the direction that the wheel turns and polish away from edges. The chuck recommendation is a good one, also. What I did was engrave the direction the...