Whatta you fellas do, repair or replace tools?

I think I'm gonna go new, I know exactly what the problem was; the switch is a dual contactor, it switches both the hot and the common, and one of the contactors is just worn down... The motor runs fine, but if it was used enough to wear down the points on the contactor, it might not for much longer, an additional $40 for peace of mind (unless I get a Sears coupon). Plus I can strip this one down for parts.

I do love that Sears hand tool lifetime warranty. When I break tools, its usually pretty catastrophic, and I've taken some old mangled crap in there and walked out with shiney new stuff.

Huh, didn't know that about the tap and dies, learn somethin' every day. I have what is now the top end Craftsman tap and die set, 'cept mine is OLD (it was my Dad's... He got it when Mom worked at Sears 'cause of the discount; she was born in '55, if you figure out the math that makes this a pretty old set), but its still in great shape; real quality tool set and they're all still sharp as hell. I even have a couple old power tools from when Mom worked there, some still work; I have a 120V drill that still works flawless and a belt sander, the circular saw finally crapped out a couple years ago, but it got ALOT of usage.

When I bought my air compressor setup from them it came with a small tool set with an impact wrench, a ratchet, and a air hammer. The air hammer was busted, so I went up there to ask them if they could just give me the new one or if I'd have to box up the WHOLE shabang and bring it up. Well, to get one normally they said I'd have to bring back everything, but instead of putting me through that they just gave me their display model. I was thrilled, and they got a customer for life.