OK maybe I'm slow but I still don't get it. Agreed a magnetized file that you use on steel is a pain. But I don't see how being magnetized does anything to wood contact tools or files dedicated to wood or brass (OK you need to clean them of attracted filings for brass finish work). My steel contact tools are basically files, screwdrivers, measuring tools, drill bits, chisels, and hacksaw. I magnetize little screwdrivers intentionally so they help me handle little itty-bitty screws and I don't see a hacksaw or measurement tools impaired by magnetization. Please enlighten me