Wouldn't buy it for $5.99
While Fast LT1 wouldn't buy it, that has no bearing on the quality of the tool.
I was remodeling a bathroom and did a complete tear-out. Thought something like this might be useful to remove old tile. Oh my gosh was this thing useful - from precision holes in drywall and subfloor to cutting off fasteners to trimming molding in place - I found a small sledge to be more useful in removing the old tile, though.
I've now done 2.5 baths, a laundry room, and a bunch of misc. stuff with it and it keeps on going.
This is one of those tools where the blades really make a difference - I use Dremel and Bosch. Probably 4x more on blades than the tool.
My one desire would be a cordless version - but I won't buy that until the one I have dies. Also, it is fairly loud especially in a small room like a bathroom. Use hearing protection.