I have been using my Paladin for decades now and still love it. One of the Stripax series
Here is a similar one from Jensen (Stanley) speced down to 28ga, stock 412-158 and $89.
Check it out: http://www.paladin-tools.com/view_to...&parent_id=187
I have the PL 893
Techni-tool sells them for $73, stock # 618PL893 and I am sure others do as well. The spec says 12-20ga, but I use it all the time on smaller wires. Center conductors on lapel mic cable for example.
There are a number of strippers that look similar and act in similar fashion, but this one is self-adjusting. The blades are actually rows of tiny blades - almost looks like a strip of staples - instead of a single blade all the way across. This allows them to form fit around the conductor in the wire while cutting through the insulation. The thickness setting on it doesn't set the space between the striping blades, it sets the tension or pressure they put onto the wire.
The orange thingie is a depth stop, you can move it around to make multiple strips all the same length.
There are other fancy mechanically intricate strippers that work well, they clamp the wire on both sides, then cut the insulation with sized dies, then pulls the sides apart. These work well, but you have to line the wire up in the dies. The Paladin with the rows of little feeler blades requires no alignment. Just stick the wire in there, and anywhere along the blade it will strip. I can stick two wires in side by side and strip them both - like stripping zip cord for example. I can even take small sections fo ribbon cable - three conductors maybe - and strip that.
It is one of my favorite tools.