I have not been satisfied with multi purpose tools. they seem to do nothing really well and changing the set up for the next step is a pain.
Most everything can be done with hand tools plus a decent drill motor and a good vice. As above a hacksaw is a great tool. One of those hacksaw blade holders is good for tight spots.
For wood work a palm sander and a good small saw with some chisels works unless you are rebuilding a boat.
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