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I own the model you are considering, but prefer the following after using at family members' houses:
http://shopping.yahoo.com/p:Kitchen%2...There are multiple speeds, it purees to a much finer consistency, and I prefer the narrow wand.
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My wife bought me a Viking VHB300SG hand blender for X-mas and we've found it to be very versatile. I believe it was around $120.00 and it came with a free chopper attachment. The on button is a little clumsy at first, but becomes easier to work with the more you get the hang of it.

