I bought the one for 37 bucks from microcenter tonight, it's really great. Takes about 40 seconds to heat up, not bad, way faster then the pos I was using before.
This tip does have a coating, so far i'v recapped a LC-II with it and replaced all the light brown caps in the TDK LC PSU, and they both work flawlessly now.

The tips are less then 2 bucks a piece to replace.
This tip does have a coating, so far i'v recapped a LC-II with it and replaced all the light brown caps in the TDK LC PSU, and they both work flawlessly now.

The tips are less then 2 bucks a piece to replace.