As a hobbyist, I've been buying little pencil irons every couple of years as a new project requires one. They've never lasted very long for me. I finally decided enough was enough, and I looked to buy a full soldering station instead; something that will last and perform decently (it's not hard hard to outperform those little 25W pencil irons). You can pay a lot for a professional station, but I don't solder *that* much. As I said, I'm a hobbyist. So I found this one, and so far, I'm impressed.
It comes with a separate collection of various tips for the iron, so you're not stuck with a basic point. I'm not sure if I'll ever use them all or not, but it's nice to have them on hand just in case. It comes with a simple soldering iron stand (bakelite, I think) that does the job. The iron grip is comfortable, and the base seems well made. There's a digital display to dial in the iron temperature, and the best part is the speed at which it comes up to temperature! Seriously, I'm dialling in about 380 degrees for the work I'm doing, and it's there in about a minute. Good luck trying to get that type of response from a cheaper unit. I've found that I can shut it down and fire it back up when needed, rather than get all my soldering jobs prepared ahead of time and wait for an older, slow iron to heat up. It also came with a spool of 63/37 solder, which is a nice bonus, but there's nothing particularly special about that.