Al: We would need to magnetize the tool and rest with the same polarity (North-North or South-South) so that they would repel each other providing opposing forces causing "levitation" - opposite polarity would attract, and make tool movement even harder. Additionally, at least one of the magnets would have to be adjustable to provide variable repulsive force and still be able maintain control. This same principle is already being used on some high-speed trains to "float" the train above a magnetically-inducible track to overcome friction, and also to provide propulsion for the train in the desired direction. I would suspect that there would be some serious magnetic flux densities needed (and correspondingly high current use) to be able to float our tools above such a tool rest; both would have to be fairly predictable and stable in terms of magnetic field induction (Gauss/Teslas) to be able to have enough tool control, and still be able to transfer the rotational turning forces into the tool rest when needed. Phascinated by physics, Rob