I'm going to definitely
not recommend the Senco DS200 for drywall. I bought a corded one a long time ago before cordless was so widely available. It comes with #2 square and #2 phillips bits for collated strips of screws. It's a great idea in theory, but your arm from the shoulder on down has to be exactly in-line with the screw or it doesn't engage. Because of the precision of the arm motion needed, I don't like it. I used my Bosch 18v Impactor rebuilding after Katrina with phillips bits to install drywall. Eight hours a day, five days straight, no problems. Now I use my M12 impact driver for drywall.
ItsJustDirt, if you're not using a collated screw gun, I'd suggest an M12 with any no-name #2 phillips or #2 square bits. No need to buy any really expensive bits because they wear out too. I prefer bits to be from 2" to 3" long max. That makes the tips more visible when looking around the body of the driver, but yet not too long. I pick mine up by the handful at Ace Hdwr. They don't have a brand stamped on them and I toss them when they wear out.
I have some Apex bits in 1/4" square dr, that I use with a square/hex adapter. I think they are actually sold for aviation. Work great, but may be pricey. Haven't had one fail me yet.
Just tried to find them, and only finding the 5/16 which mate into a 3/8 holder.
Where have you been finding your 5/16" bits,
Cruzan? They're harder to find than 1/4". I've been working on a 5/16" bit system for my 3/8" impact wrench. I have a 3/8" drive 5/16" Wright impact bit socket to use with the Apex bits I've found, but regular chrome bit sockets and 1/4" hex bits work OK driving into wood.