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I have this exact tool, and just as a warning, it is far from perfect but it does certainly help and I’ve used it for many things but if precision is what you’re looking for you might be better off buying a higher quality one or a chuck and building one at the angle you need.
Milescraft makes a slightly better one and then there’s the rockler one but you know, you get what you pay for.
Always be prepared to be unprepared.