Nice looking tool!
Having messed up a few layouts requiring waling the punch point over to where it should be I'm always looking for a better way. Which brings up the question what do you do if you need you two hands for something other than lifting the weight up? I'm on the look out for a spring loaded solution that would come in handy at work. Sometimes the work is vertical or even upside down making gravity your enemy.
Yep, I just put a little work in on a drilling guide to be used on extrusions and yes it is very satisfying. You do seem to be very busy with tool development, I actually look forward to your posts.
Sensible people will probably say, "Why don't you just learn to pick up the hammer without moving the punch?" and they would have a point. Still, at heart I'm as much a wannabe tool designer as I am a model builder, so I get lots of satisfaction out of designing specialized tools.

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