Thanks guys. I just placed the order for a 4300 and flex shaft.

Since toe nails came up I'm going to give a recommendation for nail clippers that are made in Japan. There is no comparison to these and the made in China / Pakistan **** I find in the drug stores. You can get them here and they are worth every penny.
http://www.sekiedge.com/satin-slim-clipper-ss-109

If you like precision made stuff that works then you will look forward to clipping your nails. They are sharp, blades aligned and the file actually works (really well).

That model works great on my toe nails too but if you need a grinder...maybe the Dremel is best