It is neat. I've never used it for anything, it just sits in a drawer so it doesn't get damaged or anything.
Could be. But companies during WWII sometimes would stop making what they were, retool, and then start making war related items.
Been doing more research on my grandpa recently, and in doing so discovered some stories written by soldiers that fought next to or within close proximity of him.
In one guys story he talked about being an apprentice as a tool and die maker for Union Hardware Company. That company made roller and ice skates, sporting goods and hardware tools. He said when war was declared the company stopped all production, retooled and began production of 30 Cal Carbine Magazines, Machine Gun Clips and other equipment for the Armed Forces. Then he got drafted.
Grandpas story is much different than that guy's story, but they ended up in the same place.