Eclipse Tools Economy UTP Stripper/Punch Down Tool

This little tool does a fair job considering its cost. There is a four position stripping area for stripping various sizes of category rated and plain voice-grade telephone wire. This takes the outer jacket off of the cable, it's not for striping the individual wires.

And it has a non-cutting non-impact 110 style punch down bit. The bit itself is metal so it will last longer than the all-plastic tool.