Will work for power tools
In my continuing education as a real man, I just bought my first compound mitre saw. A compound mitre saw allows you to cut at two different angles at once, allowing you to make the cuts for crown moulding and such. The first project is just floor moulding, which just requires 45 degree cuts for fitting moulding around corners.
Biggest decision when purchasing a compound mitre saw is the blade size. I bought the less expensive 10". Problem is that it can only handle moulding about 3.5" vertically. Luckily, our moulding fits so I don't have to go back and get the bigger model.