If you own a CNC router, or even a hand-held router for your woodworking projects, you are likely aware that changing router bits using the standard 2-wrench method can be a bit of a hassle. Juggling two wrenches with two hands while trying to position the router bit properly in the collet is almost a 3-handed job.
How many times have you had to loosen and retighten the collet because the bit was not in the collet far enough? Positioning the router bit correctly requires a bit of dexterity because your hands are busy working 2 wrenches.
At least with hand-held routers, you can position it bottom-up to change the bit. On CNC routers, you have to bend over to see what you are doing, somewhat skewing how you set the router bit position. It also takes a minute or 2 to complete the router bit change using the traditional 2-wrench method, regardless of whether you have a hand-held router or a CNC router.
The worst is when you are loosening the collet and the bit drops out, bounces off the table and lands on the floor, chipping the cutting edges.
But, finally, there is a solution!