Probably precise enough, I have heard good things about them but I think they are cheap and wouldn¡¯t buy another, as I have also used higher quality ones. I would just spend the $350 or so for the fiama unit.?
Also if you do do a non mag strip unit like the wixy on the rip you won¡¯t be able to flip the fence 180deg out of the way without creating some sort of bracket to disconnect the reader, probably takes seconds but imho a pain...