Only issue is the fulcrum point is a bit away from where an angle rest would be. Be careful if using 1/4" or smaller tools. I thought if I could bend the metal, it would make for a good bowl rest on the cheap side of doing things. I don't think the fulcrum position would be a problem with a 3/8" or 5/8" bowl gouge.
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Life's short, turn fast!
Dave