The rod and brass fence are acceptable, but the cutter is junk.  It can't rotate, so it kind of drags along, plus if you hold it the wrong way the cutter actually unscrews and can fall off.  I ended up just paying the extra for the titemark and removed the worthless cutter and use it as a depth stop now.  At $10 buck its a waste of money.  If they fixed the cutter so it could rotate freely and was flush to the end, it would be a good value.  One thing to watch is that the fence doesn't lock down tight, so it can loose up and slide when the cutter is following the grain of the wood.