Bit retention mechanism

1. A bit retention mechanism, the mechanism comprising:

a body that includes a first end and a second end;

the body includes an inner wall that defines a channel, and the channel extends between the first end of the body and the second end of the body;

a pair of opposing v-shaped grooves are defined by the inner wall wherein each v-shaped groove has a peak and the peaks are aligned and the pair of opposing grooves are positioned such that near the first end of the body they are spaced-apart a first distance and away from the first end of the body they are spaced-apart a second distance wherein the second distance is shorter than the first distance;

the grooves are configured to receive a bit;

the body defines a guide slot that extends from the first end of the body to a position between the first end of the body and the second end of the body;

the guide slot is configured to receive a catch;

the catch includes a first catch end configured to retain a bit such that the bit can be received by the pair of opposing grooves;

the catch is movable between a tightened position and an open position along a path;

in the tightened position, the catch is configured such that a blade can be retained such that it cannot be removed from within the body of the retention mechanism; and

in the open position, the catch is configured such that the blade can be removed or inserted into the body of the retention mechanism.

2. The bit retention mechanism according to claim 1 , wherein the V-shaped grooves are configured to receive shoulders of the bit.

3. The bit retention mechanism according to claim 2 , wherein the V-shaped grooves include flared sides that are configured to retain the bit and to resist side-to-side motion of the bit.

4. The bit retention mechanism according to claim 3 , wherein a nut is positioned on the body such that it is movably engaged with the catch and the catch also includes a catch-body that defines a blade stop.

5. The bit retention mechanism according to claim 1 , wherein the path is defined by guide bumps formed on the catch in combination with a shape of the guide slot.

6. The bit retention mechanism according to claim 5 , wherein the path is L-shaped.

7. A blade retention mechanism, the mechanism comprising:

a body;

a catch configured to engage a bit;

a knurled nut configured to engage the catch and movable such that the catch is moved between a first position and a second position; and

a receptacle defined at least in part by a first wall and a second wall;

the first wall and the second wall each define a v-groove formed in the body configured to receive and retain a bit when the catch is in the first position;

the receptacle having a greatest width that is defined by an apex of each of the v-grooves;

the first wall extending from a first position near the first end to a second position away from the first end;

the first wall and the second wall are spaced-apart a first distance at the first position near the first end and the first wall and the second wall are spaced-apart a second distance at the second position away from the first end; and

wherein the first distance is greater than the second distance.

8. The bit retention mechanism according to claim 7 , wherein the V-shaped grooves include flared sides that are configured to retain the bit and to resist side-to-side motion of the bit.

9. The bit retention mechanism according to claim 8 , wherein a nut is positioned on the body such that it is movably engaged with the catch and the catch also includes a catch-body that defines a blade stop.

10. The bit retention mechanism according to claim 7 , comprising:

a tensioning device that is movable between a first position and a second position such that when the tensioning device is in the first position and is engaged with the bit, the bit is secured within a body and when the tensioning device is in the second position the bit can be removed from the body.

11. A blade retention mechanism, the mechanism comprising:

a body;

a catch configured to engage a bit;

a knurled nut configured to engage the catch and movable such that the catch is moved between a first position and a second position; and

a receptacle extending into the body away from a first end of the body and defining an opening at the first end of the body that is configured to receive a bit and the opening is defined by opposing v-shaped walls wherein each has a peak and the peaks are aligned;

the receptacle is configured to receive and retain a bit when the catch is in the first position; and

wherein the receptacle is wider near the first end and the receptacle is narrower at a point that is spaced-away from the first end.

12. The bit retention mechanism according to claim 11 , comprising:

a tensioning device that is movable between a first position and a second position such that when the tensioning device is in the first position and is engaged with the bit, the bit is secured within a body and when the tensioning device is in the second position the bit can be removed from the body.