$120, 3.3 pounds; boschtools.com
Hold on tight, because this long-corded cutter bucks a bit when you fire it up. At least the rubber sheathing provides a good grip. Separate macro and micro adjustments facilitate fine-tuning depth. The fixed base is notably wide and stable, but all that metal obscures your view of the bit, and there is no LED. Its sturdy fence makes easy work of cutting grooves, like flutes and dadoes. Fine print:
1 hp, 5.6 amps, 16,000-35,000 rpm, 8 15/16-inch-circumference grip, 1 3/16-inch depth range.