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Veritas' standard micro-adjustable wheel marking gauge is a great workhorse and excellent value.
Its popularity led to the development of a second model that incorporates a micro-adjust feature. It is similar to Veritas' standard wheel marking gauge with an anodized aluminum body; brass face; stainless-steel rod and internal O-ring to keep a constant light friction force on the rod.
It differs in that the body is slightly longer and is fitted with a two-stage collet that allows micro-adjustment of the cutting wheel.
The collet has a fine-pitch thread; one revolution advances or retracts the wheel 1mm; a half turn .5mm; a quarter turn .25mm; etc.
The knurled thumbscrew then locks the setting. The hardened steel wheel cuts wood fibers rather than tears them; which leaves a clean mark; even on cross grain.
The wheel's single-sided bevel also forces the gauge face against the stock; maintaining accuracy.
The cutting edge of the wheel is at the extreme end of the shaft; which is useful for transferring dimensions.