If you need 12V Max (10.8V really; 3 cell x 3.6V/cell = 10.8V) then you have a variety of choices from Dewalt, Porter-Cable, Hitachi, Bosch, Makita, etc.
The Milwaukee kit price is high, if not the highest price point for a kit with an impact driver and drill/driver out of the major players.
You'll have to keep in mind though, that this is an actual drill with a keyless chuck, and not just a chuck-less, 1/4 in shank quick change driver like in the Bosch and Makita kits.
First off, build quality on the drill is superb, in fact, the best out of any of the major brands. The 2410 drill has an all metal gear box, and is actually the only 12V/10.8V drill I have seen with a metal chuck sleeve. The aluminum chuck will still dent, but I am guessing it would still work just fine if that happened. Chuck closes confidently and grips bits securely- no issues there. There was some play in the chuck, it had some fore/aft play, but nothing that would pronounce itself during actual use. Very little run-out at the bit, as well.
The 2450 impact driver has a tough metal gear casing up front, very durable and excellent build quality as well.
Both tools have a polycarbonate shell with thick rubber overmold that makes for confident handling, as well as tough, heavy duty performance. The grips are well designed and should fit most hands well, with or without gloves.
During operation, the sound and feel of both tools was of professional, heavy duty quality, smooth, suppple, and confident. This was unlike the Makita and Hitachi models I also used, which, although they worked, sounded and felt more like toys- rougher action and squeaky sounding motors. Kudos to Milwaukee for designing a well-built drill that will live up to the abuses of professional usage. Warranty is for five years- best in class, so you're covered.
The drill speeds toggle easily, and the clutch adjustment is easy and big numbers make it easy to read. Speed modulation is excellent- the trigger is sensitive enough that any user can easily control the drill speed correctly. This is a big plus, as some of the other brands have over-sensitive triggers, or triggers that have too much play in them.
The drill has plenty of power, in an extreme test, I used it to drill pocket screw holes in 4/4 Jatoba (Brazilian Cherry), which is a very hard, tough wood to bore through. The drill went through it, and although without some hesitation (noticeably towards the lower end of the battery cycle), it did great for a small drill.
You wouldn't have any issues with typical usage, household repairs, drilling in stud lumber, and even hardwood. I've taken the drill through other hardwoods like red oak, and those don't pose any issue for the power of the drill.
In short, torque is more than enough as long as you're not doing any masonry work (that's what the hammer drill version is for).
Same story with the impact driver- very powerful, very capable of driving high torque screws or lag bolts. If you've never used one of these, you're missing out. Forget about the drill being torqued out of your hand during high torque driving- you can easily drive with an impact with one hand and once the hammer function kicks in you will see the fastener go into the material very easily. I used it to drive 3 inch wood screws in stud grade lumber, as well as lag bolts- no issues whatsoever.
In short, the capability of both tools is there, and torque is not an issue.
Now, for the bad.
The battery life on these is dismal compared to their competitors. Even though the battery supplied is 1.4Ah, I routinely got very low run times from both tools. For example, after driving about 20-25 2.5" wood screws intermittently (with pilot holes drilled nonetheless), the impact got very hot, and the battery was drained very quickly. Same deal with the drill- after drilling only about 30-35 pocket holes in oak and AC plywood for cabinets, the power ran low and the drill would begin to stall as the LED indicated one dot. This was compared to the Bosch PS-21, PS-31, and PS-41 units, which consistently gave higher run-time for the same tasks.
Now, if you're using these for small jobs around the house, or low impact duty, you might be able to live with that. Unfortunately, if you are an HVAC technician, electrician, or doing cabinet installations, you might find this to be a deal breaker.
The battery does charge up quickly (15-20 minutes) but with the contents of this kit (one battery for each tool) you will find yourself with too much stopping time.
The rememedy is, of course to purchase spare batts, or the Xc battery that Milwaukee battery, and then you get double the run time as well as some power boost. However, keep in mind that this set is priced at $180. A spare battery will set you back $40, and the Xc around $60. A tool set of this quality and price point should not have poor battery performance, and since most tool brands' 12V tools share similar battery cells (these are made by Samsung), it's probably not the battery itself, but rather the operating efficiency of the tools. This is evidenced by the immense heat generated by the tools under continued usage, which I found to be a downside as well. I'm sure with the Xc batteries this set becomes much more usable, but you're at $300 at that point.
Minor drawback- the LED is useless unless you are drilling or driving far away from the workpiece- it is located under the chuck and beneath the bit, so your screw or workpiece will not be well illuminated.
Keep in mind this is no longer the same Milwaukee of yesteryear. The company is now under the TTI umbrella (which also owns Ryobi). This is a Chinese company and a tool that is made in China(says very clearly on the tool, "PRC"). This may or may not be a factor for you- but just remember that.
In summary, this is a quality built tool, better than any of its contemporaries. The torque and power is not an issue for the drill or impact driver. However, the battery life is unacceptable for a tool of this price and quality. Properly configured you are looking at at least $260 ($80 for two regular spares) to get uninterrupted usage with these (charging the spares while the other set runs in the tools).
As for me, this was a deal breaker and too high a price to pay for build quality- and I am very happy with my Bosch set of 12V max pocket driver, drill, and impact- if battery life is a forseeable issue for you I would highly recommend looking into the Bosch 12V line.