I have a 12" craftsman I bought 1 1/2 years go (April 2016). I just sent it in for repair (after pulling what is left of my hair out trying to find out who to send it to), and was told yesterday by the repair tech, it came more damaged than when I dropped it off at the store that sent it.
The reason I bring this up is, the repair was for a wobble - the bit would wobble slightly and wouldn't make a clean hole.
The tech agreed that something had to be defective as it should have lasted a lot longer that 1 1/2 years. And of course it is out of warranty and I never buy extended warranties on anything
So the moral of the story for me, is no more craftsman power tools - this is the 2nd craftsman power tool I've purchased within 2 years that have failed miserable (first was circ saw).
Interestingly enough, I have an old craftsman circ saw and drill both over 30 years old and only the drill recently died.
I'm liking the Wen line of products for inexpensive power tools - they're cheap (inexpensive) and work fine for hobbyists IMO
I've bought a lot of things from HF and IMO it's hit and miss with them - at least they take things back no questions asked.