As a gamecube controller modder who uses a TS101 on the go, the handle isn't such a bad deal. I paid the same price for the TS101 bundled with a barrel jack power supply that I never use. The short tip-to-grip distance seems nice, and the higher power is good.
But the full station price is kind of outrageous. I got my Thermaltronics TMT-2000S for less, and that's a monster. But then again, I don't have to use their battery, I can use my $70 Ugreen one.
My one concern about the cap is: I worry that someone with bad depth perception will poke their hand with a hot iron when trying to cap it...