The use of a small compact rotary tool can and has become inespensible on my work bench.
I already own a Dremel which is good, but even on the lowest speed adjustment setting feels way to fast for my needs. I use the Dremel 300 series which is an older model purchased about 10 years ago. The other bug bear with this particular type of Dremel is it physical size. An aftermarket extension cable can be purchased, but you can not adjust the speed with it having to pre set it on the main unit.
I also purchased a chuck, as I found the collets to be a pain. The chuck allows for greater use of various attachments i.e. aftermarket cotton buffing wheels for polishing. I will be investing in the extension attachment when my next build project starts.
Proxxon (http://www.proxxon.com) have several purpose built units which may or may not be suitable and from all accounts are good units. I did watch one of the many excellent articles written by Paul Budzik which discusses this exact subject matter (https://youtu.be/mDsNVE299PE) which is worth the time to watch.
I think basically from my point of view, you need a speed adjustable (very low rpm at lowest setting) higher torque unit thats small in hand. The attachments are pretty much universal between major manufactures of these type of tools. Dont forget that your working with substrates that dont require a blade, buffer, drill etc spinning at super high rpm to get the job done as they are not made of super hardened material.
I hope this helps.
Damian