Editorial Product Review:Item Description:Compact Magnetic Drive Guide.
Amazon.com Item Description:DeWALT'S Compact Magnetic Drive Guide puts the smackdown on the two most obnoxious problems associated with driving screws -- wobbling and slipping. Whether you’re building a deck or hanging drywall, this handy little accessory will help you easily hold screws in place for speedy drilling.
As the title implies, the bit is magnetic, so screws won’t fall off. One exceptionally useful feature is a barrel-shaped, self-retracting guide sleeve designed to help users drill without having to touch the screw. Not only does this prevent annoying scratches and scrapes, it also makes it easy to push in long screws. Simply grasp the barrel and put your drill to work. Anyone looking to increase their drilling efficiency will be pleased with DeWalt’s Compact Magnetic Drive Guide. No more wobbling and slipping means no more damaged projects.
What’s in the boxDeWALT DW2054 Compact Magnetic Drive Guide
The DeWALT storyDeWalt Products Company was formed in 1922 in Leola, Pennsylvania. The first product was an electric universal woodworking machine known as the DeWalt 'Wonder-Worker.' Today the DeWALT Power Tools line consists of over 200 electric power tools and over 800 accessories including: drills and hammer drills; screwdrivers; circular, chop, miter, table, reciprocating, and jig saws; planers; impact wrenches; die, angle, and bench grinders; shears; nibblers; sanders; laminate trimmers; routers, and plate joiners.
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Buyer Reviews
Average Buyer Rating:

Customer Rating: 
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Helpful!
The bit holder makes it convenient to switch bits easily and quickly. I have had no problems with it.
Customer Rating: 
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great tool poor quality
I've owned several of these over the years and they just keep breaking and wearing out. It is a must have tool, but I'm looking for someone to sell me one that wont wear out so quick. Maybe one with a thicker shell. They burn out especially quick on self tapping screws that slowly scrape away at the outer shell when you are driving them. I've always used dewalt drive guides but I'm going to try some other brands now.
Customer Rating: 
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REVIEW OF DEWALT DW2054 COMPACT MAGNETIC DRIVE GUIDE
THIS COMPACT MAGNETIC DRIVE GUIDE WAS A GOOD ADDITION TO MY DEWALT TOOL. IT WORKS VERY EASILY. IT'S OF STURDY CONSTRUCTION.IT'S VERY HANDY AND SAVES TIME.
Customer Rating: 
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Get one, you'll save money and do better work
When driving screws, you normally slip off the screw on occasion, driving the drive bit into your project. Also, when your drive bit wears out, they are expensive to replace.
The magnetic drive guide solves those problems and another.
1) It uses short, cheap bits - so you spend less on replacement parts.
2) You can hold the outer barrel of the guide (it doesn't spin with the drill) so you can guide in long screws without the bit slipping off.
3) It's magnetic, so it holds screws. You can point your drill down, and the bit stays on.
4) The outer barrel makes using slotted screws more manageable (although I usually only use it to take them out and replace them with phillips screws).
I've been using them for the 10(?) years that they've been on the market. I've worn a few of them out, but I try and never drive a screw without one.