WE LOVE IT! The new patented Ultra Punch Ex.Small (Fine) needle tip is the best we have seen. 3 settings shorter than other adjustable needles with a very short bevel and a tiny eye very near the pointed end to make an extremely short loop. Uses 1-2 strands embroidery floss,DMC 8,10,12 pearl cotton, DMC Flower & Wildflower by The Caron Collection, and of course some we haven't tried yet. We love the fine, very attractive #2 setting-one we've not been able to accomplish before.