Floor wax and dessert topping, all in one! More substantively this is too big a drill bit for the pilot holes for the screw size it fits... so it won't act as

Floor wax and dessert topping, all in one! More substantively this is too big a drill bit for the pilot holes for the screw size it fits... so it won't act as a tool-change timesaver. Also, forget phillips for new construction. Torx is much nicer.