No I did not buy this tool.
BUT if you want a tool that can cut mortises for floating tenons faster than a classic mortising machine, this might be it.
Further if you have ever considered getting a Domino for cutting mortises for floating tenons but were repulsed by the cost of the machine, this might be it.
HOWEVER if you intend to use this tool extensively you may still want to consider a Domino.
The above video shows that 4 mortises can be cut in basically 2 minutes, or 2 mortises per minute.
For me, cutting 10,000 mortises with this tool would take 5,000 minutes or 83+ hours.
One last thing to consider for this tool. I cannot find any information regarding the ability to make the mortises wider from end to end. If that is the case you might as well be using a doweling jig.
Why? I always use exact fit mortises on one side of the 2 pieces to be joined. I always use the elongated mortise setting for the opposite mating piece. Exact fit is exact fit. If all mortises are cut to be exact fit and if one on the mating side is not precisely placed you will not be able to proper align the pieces. Elongated mortises on the opposite mating piece afford you some wiggle room during assembly.
This new tool from Jessem is approximately 1/3 the price as a Domino. Maybe worth it if it will make elongated mating mortises. Not worth it if it only makes 1 width, not thickness, mortise.