While you can probably build it cheaper, here are the positives about it:
1) Fairly even dust collection from the entire surface area - they are
using some sort of baffle to distribute the suction.
2) Non-marring rubberized top - helps hold the work piece without marking
the work surface
3) Comes with a couple of small clip on work supports to help hold your
work piece in place so it doesn't slide with the sanding process.
4) pretty light so you can move it around easily and store it upright in
some corner of your shop.
I am happy with it so far - I've only had it a couple of days though. The
price is right, and in all honesty, dust collection is a problem in my shop,
so every little inexpensive thing I can do - helps.
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