This is the type of gift you give to someone who doesn't really have any tools. It's handy to put in your glove compartment, kitchen drawer or for a college student.
This is not a gift for a contractor/carpenter/mechanic by trade.
The concept is great and I recently used this while installing a outlet-mount surge protector (a surge protector that screws into the faceplate of the electrical outlet). I had to squeeze behind my large TV to get to the dark corner of my living room. I had looked at another electrical face plate and saw that it was a simple Phillips screwhead.
Upon installing the surge protector, the included screw was a flathead. I know this was a minor/trivial task, but let's re-enact what happens in real life if I didn't have the 6 in 1 Autoloader.
The re-enactment:
1. Look at faceplate and see that I need a Phillips screwdriver.
2. Grab a Phillips screwdriver and then squeeze in behind the tv to get to the face plate.
3. Can't see too well, climb back out and search for a few minutes for a working flashlight
4. Climb back in and prop flashlight on wall and begin to take screw out of face plate, knock flashlight over and re-prop it and continue taking screw out, bump the flashlight with my knee in the tight corner and re-prop the round end of the flashlight against a wall that it rolls and falls over on
5. Finally, I've taken the screw out and announce manly-success and grunt like Tim Allen
6. Reach for the surge protector and realize the embedded mounting screw is a flathead and I'm holding a Phillips <cue in manly-ego deflation noise>
7. Climb back out, go find a flathead screwdriver
8. Climb back in and realize the flathead screwdriver is too wide for the hole for the surge protector - need a screwdriver that is 1mm smaller in width <slight anger festers, almost about to say heck with this>
9. Climb back out and go find a smaller flathead screwdriver, but grab 3 extras just in case
10. Climb back in and wah-lah, I have a flathead screwdriver that fits, knock over flashlight and re-prop against wall. Firmly mount the outlet-mount surge protector in place, and though there were a few lost battles, the war is won.
11. Climb back out and realize I forgot to get the flashlight. I say heck with it and the batteries it rode in on.
Now here's what really happened with my Autoloader 6-in-1:
1. I have my Phillips and flathead tips all built into my Autoloader, I simply pull and turn the handle to the tip that I need, no running out to the garage.
2. It got a little dark, so I slide the 'Autoloader-tip-flashlight' over the Autoloader and wah-lah, bright LED lighting exactly where I use the tool and NO KNOCKED OVER FLASHLIGHTS.
3. I don't forget anything behind the TV because all the tools came out of a really nice canvas carrying case.
4. Unfortunately I did burn less calories by being more efficient...
Overall this is a great toolset for household chores, but if handywork were my profession, I'd have an arsenal of expensive tools...and a big toolbelt. ;-)
UPDATE: 12-23-2009: I consider myself a handyman and this Autoloader tool really saved the day today and I wanted to chime in: So today I'm on vacation and painting a vaulted wall that's 20 feet and has 6 windows with blinds. I wrestle an 18-foot extension ladder into place and grab my trusty Autoloader. I remove the highest blinds and I see that the mounting clips are Phillips screwheads, no problem, I remove a set. I move to the next window and repeat - but this time, one of the screws is a flathead - no problem, I adjust my Autoloader and wah-lah, one of the mounting clips is removed. I go to the next clip and it's 2 Phillips screwheads, but one looks a lot different. I remove the regular screw and notice the Phillips bit is too narrow for the different screw - no problem, I adjust my Autoloader and I remove the last mounting clip I can reach.
Why is this even meaningful? Because it saved me from climbing up and down an 18 foot ladder probably half a dozen times today fetching different types of screwdrivers. Who knew the mounting clips would be different? I sure wasn't expecting it, but with my trusty Autoloader, no problem - I was prepared!