I have been using the new Combo for nearly a year now. As many here are aware, I have test driven a number of Lee Valley/Veritas tools pre-production for over a decade.
My personal philosophy in regard to planes is that I prefer planes dedicated to a specific task, however there is much to be said for a plough that can do grooves for drawers, cross grain housings (dados), and also beads. These are simple cuts, however they demand specific and different requirements.
The groove is the simplest to make. Grab a Record #044, Record/Rapier #043, Stanley #50, or Veritas Small Plow. All but the last one are available on the second hand market, and all will do the job. The Small Plow is the nicest to use in my opinion (I have owned all those mentioned), but new planes seem to be more expensive in the UK than even Australia, and so it is likely to be a luxury item for many.
None of these planes are suited to plane cross grain as they do not have a nicker to prevent spelching. So enter combo planes such as the Stanley #45, and now the Veritas Combo (when it was first on the drawing board, three years ago, it was going to be called the Large Plow).
Ignoring all the combination stuff on the Combo plane, it has the ability to plane with- and across the grain. It has nickers on the twin skates (as per the #45), and it has wonderful depth stops with fine adjusters on each as well. I like its ergonomics - the handle is a good size and the whole plane is well balanced.
The #45 and the Combo both do beads. Now I am fan of scratch stocks - beading planes tend to tear out horribly in the West Australian interlocked timbers. I posted a while back my experience in using back bevels on the beading cutters (when these blades were introduced for the Small Plow), and this method does make these planes viable users. Still, a simple scratch stock is hard to beat in terms of cost and ease of use.
The argument is that a #45 can do everything that the Combo can do, and there are many available far more cheaply than a new Combo. Absolutely true. Still there is a market for both - some will prefer the lower cost or the vintage aura of the #45, while some want new and ready-to-use, and are willing to pay for this.
Bottom line: the Veritas Combo is a very nice plane - taut and balanced in the hand, and everything works just as one would expect for the price of admission.
Some pics:
Combo vs Small Plow ...
Ploughing flutes into the grain ...
Grooving ...
Cross grain ...
Regards from Perth
Derek