Craftsman is coming out with a new Versitool multi-bit driver that accepts 1/8″, 5/32″, and 1/4″ hex-shank screwdriver bits. It comes with 6 double-sided screwdriver bits that can be stored inside the handle.
We don’t yet know where to you can buy this, but it looks like some Ace Hardware locations are carrying it for $13 ($10 on sale).
This is the 12-in-1 set, and there is also a 10-in-1 driver that seems to only be compatible with 1/4″ hex bits.
A multi-bit driver that can hold precision/micro bits and standard 1/4″ hex bits, presumably without an adapter? Sounds good to us.