Abstract: A powered paint removal tool having a rotating abrasive disk for removing paint, with the disk resiliently mounted for deflection out of perpendicular to a driving shaft axis, and which operates in a range of about 780 to about 4200 surface feet per minute. The tool has a folding handle that may be positioned to a storage position adjacent the body of the tool, and which may, selectively be positioned to an operating position generally perpendicular to the body of the tool, with a locking feature to hold the handle in either of the operating and storage positions. A cam surface urges the handle from an intermediate position toward the storage position.