Hello!
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What is it good for? I have used it for cutting out really impossible parts for my card models - like this church:
The crosses on top of the towers and the window frames were cut out using my machine. I have also used it for scratchbuilding to transfer complicated pattern on styrene sheet - either directly or by making paper templates. The thing is such machine can't cut through styrene sheet, because it's melting the edges. But it can etch slight grooves in styrene sheet. It's also good for burning fancy signs on wooden planks. I have also signed my toothbrushes with this machine :-)
I hope it helps, have a nice day
Paweł