I just replaced my wired one with the 12 volt version, and I am really happy with it. I also bought some stronger cut off disks that use the ez mount system, and they were great. I had to cut a post off at the treads recently, and I I broke about a dozen of the little cutoff wheels and barely made a scratch in the post. Te new bigger cutoff wheel did the job quickly without wearing down much.
I mostly use it for cutting, and in spots that I can't get the router into (not so much on pinball for this one).
Basically, I think the dremel is ok at a few things, but not really great at any of them. It is easy to use, and small enough to be really useful. It feels like it is never quite the right tool for the job, but I use it because it will probably work, and with a little luck, I won't make the situation worse by using it. I always find myself wishing a had a better tool, but an ok tool for a bunch of different uses is surprisingly valuable.
I paid about $100 for the 12 volt version, and I think it was money well spent. It has a slide switch for velocity, and a separate switch to turn it on. I think I like that better than the combined switch on my old one.