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iFixit wants to fix the soldering iron
(www.engadget.com)
This is a most excellent place for technology news and articles.
Having used an expensive Metcal, I would like someone to develop that level of performance for less. I want the precise thermostat and high quality tips, but I don't solder enough to justify the expense. I am happy to see iFixit driving innovation in this market though. Weller needs some real competition.
Love my Hakko. Paid a little over $100 for it several years ago. It costs 10x as much as the cheapest option but is 100x better.
How precise are you talking? Usually, cheaper soldering stations get that way by not having a lot of thermal mass, which is particularly needed for desoldering. Otherwise, the PID control tends to keep things good enough. Tuning the PID parameters can make a difference, but once you have a heater and a heat sensor, the software is more or less the same for everyone.