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Yes I still have too many points so how about another item to view and tell us about. The same rules apply as to the first "What is it?" see:
http://www.routerforums.com/showpost.php?p=6720&postcount=1
if you need to review them.

This next item is very handy and the picture is a little hard to see but let's see how some bright person does to get 100 points. Be the first one with the right answer......

 

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Ed, I can't tell by the picture. It could be a tapered reamer used in reaming out bad screw holes. You then fill in the hole with a dowel, sharpened in a pencil sharpener. They both have the same angle. Dr. Zook

Having posted the first correct answer I will be sending 100 points your way.

One little hint here on the use of this tool. I have found that when you put the dowel in a light tap is fine but if you get a little carried away you might end up splitting the wood...... the cone shape generates a good deal of force as I found out. Also they have ready made tapered dowels with a water activated glue for those of you who are new to this method.

Ed