Kress 1050 questions

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    I am planning on buying a Kress 1050 but there are two versions, FME-1 and FME-P. To my untrained eyes they look pretty much the same the only difference I can find in the descriptions is the collet part. Is there anything else? The FME-P seems to be about 50 EUR more how does one know if it is worth picking up the more expensive version?

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