This is the new craft drill from Fiskars. It’s for general drilling, such as for eyelet holes, binding your own scrapbook albums with twine and ribbon, and so on. It is made of ABS plastic and has a contoured handle. Includes 4 popular-sized drill bits. Listed at $19.25 at the Fiskars store.
To see it in action, watch FiskarsTV’s “Chipboard Book with Stephenie Hamen”.