Hmm, lots of interesting comments here.
It does have a temperature dial, which is a nice thing, so you can set it to the temp you want.
This is an excellent tool for using the freezer paper/starch applique method because it is small. It's also good for getting into small spaces and I read where someone uses it for bias tape (like in stained glass applique).
I had not thought of putting it in ceramic cup or a corn on the cob holder, those are great ideas!
I don't use it often, but I love mine and wouldn't give it away. If it broke, I would definitely get another one.