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I ended up buying a Ryobi kit from Home Depot. $50US. Seems to work fine. Thanks everyone for your input.

Looking on ebay it seems the Foredom unit might be a step up from the dremel. Anybody have one of these?

Well, since my RAD hasn't subsided as I'd hoped I suppose I should probably start looking at some proper tools for restoration. Which rotary tool do you recommend? Thanks in advance, J.