Cdpaul, If you want a cheap rotary tool, START at Harbor freight. Really no need to go anywhere else unless you want a name brand tool.

This one is ONLY $4.95 with 30 piece accessories. Doesn't get any cheaper that that.
http://www.harborfreight.com/cpi/cta...emnumber=94076

The red on here for $29, was only sale for $19 a few weeks ago.
http://www.harborfreight.com/cpi/cta...CategoryID=111

I have a Black & Decker Wizard and used it to crank out the bodies I posted here:
http://www.flyanglersonline.com/bb/s...t-foam-poppers

My Wizard came with two sizes of collets and the smallest holds a toothpick nicely. Poke a piece of foam on the toothpick, turn on the rotary tool, and use emery boards to shape, after doing a couple bodies a breaking several toothpicks you'll get the hang of it and can turn a body in a minute or less.