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Milwaukee Tools have been around for quite some time ... actually ... well over 100 years. Several years ago they were purchased by Techtronic Industries (TTI), who also own Ryobi, AEG, Homelite and others. The Milwaukee brand in the complex of businesses is considered to be the serious tool owners preference because of the high quality of Milwaukee tools.
If you get a chance to look at their website ... if the quality of their tools is anything like the high quality of their website you will be in for a treat of having a well made tool. Not only do they describe all their tools on the website (the same as everyone else) they ALSO provide excellent information on parts ... too bad others don't take this hint.
We tested some of the components of the M12 System which is their 12 volt cordless system, which consists of a drill, a driver, recip saw, rotary tool, inspection and camera viewers, lights, temperature measuring guns, a palm nailer, PVC shearing tool, a multi tool, and even a very cool radio/MP3 Player (that can withstand the rigors of a construction site).
The tools we looked at primarily were the drill and driver as we felt these would be among the most popular tools in the lineup. The 12 volt system is NOT for everyone. The power is ... well, 12 volts, which is great for driving smaller nuts and bolts and screws, or for drilling a smaller number of holes. The 12 volt system is not going to drill multiple holes though 2" fir beams if you happen to be running new power feeds from your 110 electrical panel. The 12 volt system is perfectly suited for smaller applications of drilling multiple smaller holes, or driving screws into a woodworking project. What we liked was that the 12 volt system is light but still packs enough punch to drive larger screws into Oak without any difficulty.
What was of particular interest is that these new tools are all using the same lithium ion battery system which recharges in something like 30 minutes.