Steve,
The machine is made for four different biscuit sizes, the smallest of which requires a blade change.
I wasn't happy with the factory setting for the depth of the cut. It allowed the biscuit to go way past the center point. I inserted a biscuit all the way into a slot and drew a line on the buscuit right against the edge of the slotted piece, flipped the biscuit around and drew another line. I was getting an 1/8" between the lines. I've got it adjusted out now to where I'm getting a tight 1/16", leaving about 1/32" for glue.
(Dry and soaked biscuits... from what I've seen, only the thickness changes when the biscuit is wetted)
Chris,
I'd have to take the machine into a friend to check for wobble.
Gonna do some test glue ups and see what happens.