Toolex Magnetic Drill

I know - it doesn't sound like your classic woodworking machine.

But...

We are bolting a timber deck onto a timber boat which has steel deck beams. We will need to drill hundreds - maybe thousands of half inch holes in 3/8 angle.

So a magnetic drill is the go. But I confess to never having used one.

This has just popped up.

http://ift.tt/1Cs5K8v

Is this brand any good?

Any other suggestions?

We don't mind spending more if needed, but of course don't want to spend more if not needed.

Thanks,

Mark