Home Depot has the Makita T-01769 78-Piece Bit Set for $20 - 25% off with coupon code PICKUP2012 = $15 with free in-store pickup only. This is even less than their 70-piece set, which is found for around $20 online. Features a variety of bits and magnetic bit holder.
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Makita, unlike Kobalt, makes tools out of tool steel. Good deal.
Cheap metal.