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ACR bits are awesome for not stripping out as much on Phillips screws. They have grooves in them that grab onto the screw when it tries to back out. I have not had any problems with Phillips bits stripping out since I started using them. Those bits are a little pricey though. Of course I have an expensive Snap-on drill too which is really nice because it is more controllable than cheap drills, so it doesn't overpower as much if you are trying to start a screw.
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