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The tool DOES have the better 4-way head with quick-release latch like the DCS380, as compared to the 2-way head the lesser/cheaper DCS385 cordless saw has. It does NOT have a extending shoe of the DCS380 though due to its’ compact nature. It does swivel but doesn’t extend.
I can’t attach photos to this review or item at the moment but check out the bare tool here on amazon (search for DCS387B), I uploaded a few photos of the 387 versus 380..
My impression so far is that this saw handles/performs just like the DCS380, and you should probably just compare prices, or pick this one if that few inches of compactness is a huge deal to you. Also, if you’re buying the DCS380P1 kit, the “P” means a 5.0aH battery, while the DCS380 usually comes in a “L” kit (3.0aH) or “M” kit (4.0 aH).
Hope that helps!
edit 10/28/14: as a commenter mentioned (and I forgot to!), this tool has the LED lighting with delayed turn-off, it’s located just below the moving head of the tool, and shines through the inside of the shoe’s cutout for the head. Most of my Dewalt 20V tools have this feature, and you don’t know how much you’re missing out until you try it. The DCS380 does not have this LED light.
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