I would not even think about having no case for any tool. If it comes with case I would use it. Gosh I have a electric drill built in 40's the company is no longer around and it has been cased up for that long and I HAVE NEVER EVEN PUT A SWITCH IN IT.Take care of your tool and it will take care of and your spending habits .
The tool is a 1/2 spade handle Miller Falls brand
I purchased my K4 in Dec of '08 and back then it already came with the "cheaper" case. Personally, I don't use the cases tools come in. I like to put my tools out on display. I have 3 Milwaukee drill/drivers, Milw sawzall, Milw skil saw, Milw flashlight, Milw Radio (maybe you can tell, I bought the combo). Anyway, I have these tools and others, hanging in a nice open rack and they are pretty. Now if I had to take them to job sites, the cases would surely come in handy.
As far as producing the Kreg cheaper, like the cases, or changing color/coating finish on screws, or discontinuing the K3, maybe they're doing this to maintain their pricing structure and/or (God forbid) prevent outsourcing the product to China or ?????.
As far as I know, their stuff is still made in Iowa.
As far as transporting the Kreg I would probably make compartments in the cheaper case and use that nice Pocket Hole Screw Kit case that Kreg sells.
I store my Kreg tools, components, accessories and screws in a 10gal size RubberMaid container, with lid.
The front and side are labeled---"KREG TOOLS''
It's handy for me to store my Kreg tools/kits together.
It's all organized and stored together.
When I reach for my Kreg tools, they're all together---I can just ''gab-it-and-go'',
whether for use at home or ''on-the-go'' at a job-site.
I store my drill bits, stops, allen wrenches and driver tips, in a separate Plano tackle box ( 1 x 5 x 8), with the dividers removed.
''Works For Me".
PS---Screws can be stored in another Plano box, (2 x 8 x 12), with adjustable dividers,
to facilitate the screw size and quantity. Add the ''screw chart/guide'' to the inside of the lid.
I bought a tool bag with a large inside compartment and outside pockets. Holds the jig and all my clamps, screws, plugs. Works great for me, easy to grab and go.
Chuck check out this case... I bought an aluminum case from this company (great quality)... it has a grid type of foam inside so you can customize the fit... I was disappointed when I opened the kreg case as well, I miss all the "old"cases with the formed tool locations or even the old metal cases... all these tool bags and flimsy cases are for the birds!