This may be an opinion question...
Someone recently gave me an old electric planer similar to
And I'm wondering whether there is any task where it would really have an advantage over other tools such as hand planes, a thickness planer, a belt sander, etc.
LATE ADDITION TO THE QUESTION: How would one of these do for the frequently-asked question about initial paint removal from boards being recycled? The blades are certainly a lot cheaper than those of a "lunchbox" planer if the paint makes a mess of them. On the other hand, it has little to no dust collection, which could be hazardous if there's lead in the paint. Just a thought...