i too own the accuquilt studio and love it! i did purchase a cricut $59 to cut out letters to applique, because i couldn't justify the cost of the letter dies from accuquilt. plus i don't have the room for all the dies and rather use the space for dies i'd use more often. i looked into the sizzix and didn't find much about fabric cutting, but that was years ago. i did go recently and see that their dies are much cheaper than the dies from accucut. so that's always a plus. but also see that they have a limited amount. i too am at a limit and can't keep adding more gadgets to my sewing room, than i'd have less space to actually sew.