This thing is a beast. Maybe I feel this way because I'm coming off a recently blown up Crapsman 18v drill that was sub par. However, I do have experience with the Panasonic 15.6v drill that has been arguably the best drill out there. I would easily put this up against the Panasonic anytime. Sure the Milwaukee is brand new and the Panasonic has been around for years so we'll see what the China-made Milwaukee will do long term. That said, it's lighter, shorter and more powerful than the Panasonic. Not by much, but it is. Even the charge time of the battery is quicker! I've always been a fan of Milwaukee's cases so there's another bonus over the Pany.
The previous reviewer complained about the placement of the forward/reverse switch but I don't agree. In my opinion, it's located just fine and very similarly to other cordless drills I've used (Craftsman, Panasonic and Porter Cable). If you're a homeowner and looking for a weekend project cordless drill, this may be too much for you, especially considering the cost. Being a contractor, this is EXACTLY what I was looking for. It's light, it's stout (not too long) and most importantly, it's POWERFUL. It is currently priced very competitively with the Pany. You can't lose with either!