I have the Studio 2, and as said before, it is very heavy and requires a dedicated space for the cutter and for the dies. I bought a large selection of strip dies and don't need or want any others. I use my system a lot. If I need squares or rectangles I cut the strips and then turn them 90 degrees and cut again. I can even cut triangles by rotating the squares so opposing corners are along the cutting line. There is a little fabric waste, but I don't think it's any worse than I had when the ruler would slip and a strip would be cut wrong, or when I would need to square up the cut every few strips. And it's a huge time saver!