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hard to find here for $100.The deal is real.
http://www.harborfreight.com/hydraulic-punch-driver-kit-96718.html14 Piece Hydraulic Punch Driver Kit
Pittsburgh® Automotive - item#96718
Punch holes up to 2-3/8 in. diameter
Material capacity: 11 gauge mild steel, 16 gauge stainless steel
10 ton hydraulic pump
comp at $834.98
Only: $94.99"Currently, Harbor Freight offers shipping to Canada (excluding Quebec) and Australia only."
30+ good reviews, 2 got ones that did not work.
The target is almost certainly US electrical box punching. I have been installing 1-1/2" nominal fittings with a 2" hole-saw, and the fit is loose. This box has 1-15/16" which would be better. In fact the punches also have "pipe size" numbers, and electrical fittings come from pipe fittings. The 11 Gauge rating is just about the thickest mild steel we use in electrical boxes.
My experience with tube sockets is that you want several sizes *around* 3/4", because every socket and mount is different. And this punch-set needs a large hole to get started: 7/16 or 3/4". It shines when the box already has a 3/4" hole and you need a big hole at that spot. But in thinner stuff with no hole, a step-drill may be easier (at least to over 1").
Hole-saws work but you MUST clamp a hardwood backup to steer the pilot, and the whole process is violent, liable to grab and throw. That's what I have been doing for 2", but I put it off until I am very rested and calm. (Ohm.... Ohm...)