I just purchased a thermal wire stripper from a company called Patco. They are a USA based company
http://patcoinc.net/PTS-10.html This is likely the lowest cost thermal stripper available.
The device did the job I needed it to do. I stripped about 500 wires on the first day and it was so much easier than the mechanical strippers I had been using and there are no nicks or missing strands. That is the good part.
Of course like most here, I was curious what they put in it. Four screws later - I found out. Not much at all. The mains wires go directly into the case with no strain relief and no switch. as I slid the guts out, I see the sole component is a transformer 120v to 4v. The mains wires go direct to it and the secondary goes direct to the heating element. No fuse, no power indicator, no switch, no thermal protection. Somehow they decided to put a UL logo on the back but I cannot imagine that this thing is not violating nearly every rule.
Does anyone else think this a major flaw in a commercial product?
Here is a photo: