Hi,
I purchased the binding tool and have enjoyed using it - and I also have used it to cut a scrappy friendship braid quilt. The binding tool finishes off the two raw edges of the binding in a perfect mitered seam. I think that the tool was well worth the money - and I purchased it from Missouri Star Quilt Company. I have no affiliation with this shop - just a quilter that does not want to have to think when mitering the ends of my quilt binding.
Sue in PA