[rcktscientist]

I had the same issues and decided that in this case less tools is better. So, I now connect a rod to start the bail, then use shears to cut the rod length to size, then use tweezers to bend and form the bail. Finally, just blast with heat to melt in smooth and ream the hole to size.
I feel it takes about the same amount of time for me since Peter's and Andys both still needed the hole reamed to size to accept necklaces. I did primarily pendants.
I will say, however, that the JAWS tool looks pretty nice and sturdy.