Milwaukee 2723-20 Review: Power, Speed, and How It Compares to DeWalt and Bosch

Milwaukee 2723-20 cordless router review
The Milwaukee 2723-20 is a dependable cordless trim router with strong ergonomics.

 

The Milwaukee M18 Fuel cordless router (2723-20) has earned a reputation as one of the most dependable palm routers on the market. But in a category filled with newer competitors offering flashier features, does this reliable workhorse still deserve your attention? After extensive hands-on testing including aggressive power tests in hardwood, I’ll help you decide if the Milwaukee 2723-20 is the right router for your shop.

Milwaukee 2723-20: At a Glance

Best For: Woodworkers invested in the Milwaukee M18 platform who want a dependable, uncomplicated router with excellent ergonomics

Price (MSRP): $199 (tool only), but can often be purchased for less

Bottom Line: The Milwaukee 2723-20 delivers solid performance, the best adjustment mechanism among TTI Group brands (Milwaukee, Ridgid, Ryobi), and excellent grip ergonomics. It includes a second base and good accessories at a fair price. If you’re already in the M18 ecosystem, this is an easy recommendation.

 

👉 Check current price on the Milwaukee 2723-20 here

 

Milwaukee 2723-20 Specifications

SpecificationDetails
Model Number2723-20
Voltage18V (M18)
Motor TypeBrushless
Speed Range10,000 - 31,000 RPM
Variable SpeedYes
Horsepower1.25 HP
Collet Size1/4"
Weight (tool only)3lb 0oz
Base TypeRound
LED LightYes
Spindle BrakeYes
Plunge Base AvailableYes (sold separately)
Included AccessoriesEdge guide, dust chute, second base

What’s in the Box?

Milwaukee gets the accessory package right. For $199, you get:

  • 2723-20 router (tool only)
  • Edge guide
  • Dust chute
  • Second base for template routing
  • 1/4″ collet wrench

 

This is a solid package that gives you what you actually need. The second base is particularly valuable—it’s rare to find this included at the $199 price point. Only the Flex offers a comparably comprehensive package in this price range.

Design & Ergonomics

At 3 pounds without battery, the Milwaukee 2723-20 ranks among the lighter cordless palm routers in its class. More importantly, Milwaukee nailed the ergonomics in ways that matter for real-world use.

Grip Design

The housing size and rubberized grip placement feel almost perfect. When you hold the Milwaukee, you’re gripping mostly rubberized material rather than half grip, half motor housing like some competitors. This makes a significant difference during extended routing sessions.

Milwaukee 2723-20 M18 Fuel cordless trim router held in one hand
The Milwaukee 2723-20 M18 Fuel router features excellent grip ergonomics and balanced weight.

 

The round base provides stability without being oversized, leaving room to place your fingers for extra control during edge profiling operations. The grip diameter works well for a range of hand sizes—not noticeably large like the DeWalt, or small like the Ryobi.

Round base on the Milwaukee 2723-20 cordless trim router
The round base provides smooth control for edge profiling and template routing.

 

Power Switch

The power switch is a simple toggle with a rubber cover. Despite the cover, it’s easy to operate and clearly labeled—exactly what you want in a tool switch.

The Adjustment System: Best of the TTI Group

Milwaukee, Ridgid, and Ryobi are all made by the TTI Group, and they share similar adjustment mechanisms. The Milwaukee version is the best of the three.

How It Works

All adjustments happen in a center stack area:

  1. Unfasten the latch
  2. Push the button for macro adjustments (large changes)
  3. Turn the dial for micro adjustments (fine-tuning)
  4. Re-fasten the latch

 

It’s smooth, intuitive, and balances speed with precision. The latch mechanism is more refined than the Ridgid (which can be finicky) and the Ryobi (which is stiffer).

Depth adjustment mechanism on the Milwaukee 2723-20 cordless router
Milwaukee’s macro and micro adjustment system is the best among TTI-made (Milwaukee, Ridgid, and Ryobi) routers.

 

The Only Quirk

The latch is somewhat stiff. If you loosen it to make it easier to operate, the micro adjustment becomes possible even when the latch is in its “locked” position, which defeats the purpose. It’s not a major issue, but it’s worth noting.

Adjustment latch on the Milwaukee 2723-20 cordless trim router
The latch locks depth securely while allowing precise micro adjustments.

 

Among traditional macro/micro designs, this is the most user-friendly system I tested. It’s more intuitive than the Bosch’s locked/unlocked mechanism and smoother than the Ridgid or Ryobi versions.

Power & Performance

The Power Test

I stressed-tested all routers by routing a 1/2″ × 1/2″ rabbet in 2 feet of dense sapele hardwood.

Milwaukee 2723-20 Result: 13 seconds with one shutdown (2ah battery, shutdown time not included). Shutdown occurred when purposely pushing the tool aggressively; performance was otherwise smooth.

This is solid mid-pack performance. For context:

  • Bosch: 10 seconds (4ah battery)
  • DeWalt: 10 seconds (5ah battery)
  • Flex: 11 seconds (2.5ah battery)
  • Milwaukee: 13 seconds (2ah battery)
  • Ridgid: 13 seconds (4ah battery)
  • Metabo HPT: 13 seconds
  • Makita: 21 seconds (2ah battery)
  • Ryobi: 38 seconds (2ah battery)

 

Important Context: The Milwaukee used the smallest battery in the test (2ah). With a larger 4ah or 6ah battery, performance would likely improve. The fact that it matched the Ridgid’s time (which used a 4ah battery) while using half the battery capacity suggests the Milwaukee has good power.

Milwaukee 2723-20 cutting a rabbet in hardwood during power testing
Power testing the Milwaukee router with a 1/2-inch rabbet cut in dense hardwood.

 

Real-World Performance

The Milwaukee 2723-20 handles typical routing tasks with confidence:

Edge Profiling: Powers through roundovers, chamfers, and decorative profiles in hardwood without hesitation. The 1.25 HP motor provides consistent speed under load.

Template Routing: The included second base makes template work easy. The router tracks smoothly with bearing-guided bits, and the round base allows smooth movement in all directions.

Dado Cuts: Has more than enough power for straight-bit dado cuts in dense hardwoods.

The variable speed control (10,000 – 31,000 RPM) offers excellent range for different materials and bit sizes. The wide RPM range gives you more flexibility than some competitors.

Bit Changing: Thoughtful Options

Milwaukee offers flexibility that matters, especially for woodworkers with arthritic hands or anyone who finds spindle lock buttons frustrating.

You get both:

  • A spindle lock button (standard on most routers)
  • Flat spots on the spindle shaft for the traditional two-wrench method

 

This choice is genuinely helpful. Spindle lock buttons can be difficult to engage, especially when bits are tight or your hands are tired. Having the two-wrench option as a backup is smart design.

Changing router bit on the Milwaukee 2723-20 using spindle lock button
The Milwaukee router supports both spindle lock button and two-wrench bit changes.

 

Milwaukee 2723-20 vs the Competition

Milwaukee 2723-20 vs DeWalt DCW600B

 

DeWalt DCW600B cordless trim router on workbench
The DeWalt DCW600B remains one of the most refined cordless trim routers available.

 

These are the two dominant battery platform routers in this category.

Where Milwaukee Wins:

  • Price: $199 vs $219
  • Accessories: Includes edge guide, dust chute, AND second base vs DeWalt’s lone wrench
  • Weight: 3lb vs 3lb 7oz
  • Ergonomics: Better grip design with less bulk
  • Power Switch: Cleaner toggle design

 

Where DeWalt Wins:

  • Power: 10 seconds vs 13 seconds (though Milwaukee used smaller battery)
  • Adjustment: Single-ring design is simpler
  • Base Size: Larger D-shaped base provides more stability

 

Verdict: Both are excellent routers backed by extensive battery ecosystems. Milwaukee offers significantly better value with included accessories. DeWalt offers slightly more power and a simpler adjustment system. If you’re not locked into either platform, it would come down to which features do you prioritize.

Milwaukee 2723-20 vs Bosch GKF18V-25N

 

Bosch GKF18V-25 cordless trim router on workbench
The Bosch GKF18V-25 is the lightest and most refined cordless trim router tested.

 

The Bosch represents the newest innovation in this category.

Where Bosch Wins:

  • Weight: 2lb 8oz vs 3lb—lighter and less fatiguing
  • Ergonomics: Molded finger grips reduce fatigue
  • Precision: Micro adjustments are more precise
  • Safety Features: Spindle lock switch + drop detection
  • Accessories: Edge guide, TWO dust chutes, chip shield
  • Power: 10 seconds vs 13 seconds (though Milwaukee used smaller battery)

 

Where Milwaukee Wins:

  • Price: $199 vs $219
  • Adjustment Intuitiveness: Traditional design is easier to understand
  • Battery Ecosystem: M18 platform is as extensive as any

 

Verdict: The Bosch costs $20 more but delivers more innovation and better performance. However, if you’re already invested in Milwaukee’s M18 platform, the 2723-20 is excellent and the $20 savings is a bonus.

Milwaukee 2723-20 vs Makita XTR01Z

 

Makita XTR01Z 18V LXT cordless trim router on workbench
The Makita XTR01Z is a compact cordless trim router designed for Makita’s 18V LXT platform.

 

Where Milwaukee Wins:

  • Power: 13 seconds vs 21 seconds (both using a 2ah battery)
  • Safety: Has spindle brake (Makita doesn’t)
  • Adjustment: More refined than Makita’s gravity-prone design
  • Accessories: Better package (second base vs Makita’s edge guide only)
  • Same Price: Both $199

 

Where Makita Wins:

  • Weight: 3lb 2oz vs 3lb (negligible difference)
  • Base Removal: Simpler latch-only design

 

Verdict: At the same $199 price point, the Milwaukee is clearly superior unless you’re heavily invested in Makita’s battery platform.

Pros and Cons

Pros

  • Excellent grip ergonomics 
  • Best adjustment mechanism among TTI Group brands 
  • Light weight at 3lb 
  • Good accessory package including second base 
  • Flexible bit-changing options (button or two-wrench) 
  • Extensive M18 battery ecosystem 
  • Solid power (1.25 HP)

 

Cons

  • Adjustment latch somewhat stiff 
  • No advanced safety features beyond spindle brake 

 

Who Should Buy the Milwaukee 2723-20?

You’ll Love This Router If:

  • You’re invested in Milwaukee M18 batteries – This is the primary reason to choose Milwaukee
  • You value ergonomics – The grip design is among the best in the category
  • You want good value – Solid performance with useful accessories at a fair price
  • You appreciate simplicity – No complicated adjustment systems or features to learn
  • You need a second base – The included template base adds real value

 

Look Elsewhere If:

  • You’re not locked into a battery platform – The Bosch offers better performance for $20 more
  • You want a D-shaped base – Milwaukee uses a traditional round base
  • You want cutting-edge features – No spindle lock switch, drop detection, or advanced safety features

 

See How It Compares

I tested the Milwaukee alongside seven competing routers in a full head-to-head video. You can watch that comparison here:

FAQ: Milwaukee 2723-20 Questions

Is the Milwaukee 2723-20 worth it?

The Milwaukee 2723-20 is absolutely worth it if you’re already invested in the M18 battery platform. At $199 with a good accessory package (edge guide, dust chute, second base), it offers solid value. The 1.25 HP motor provides good power, and the ergonomics are excellent. While it’s not the fastest router tested (although it was the fastest of the routers equipped with 2ah batteries), it’s a dependable workhorse that will handle all typical routing tasks without issue.

Is the Milwaukee M18 trim router powerful?

Yes, the Milwaukee M18 Fuel trim router is powerful enough for all typical woodworking applications. With 1.25 HP and a speed range of 10,000-31,000 RPM, it handles edge profiling, template work, and dado cuts in hardwood. In my stress test, it completed a demanding rabbet cut in 13 seconds with a small 2ah battery—matching routers that used larger batteries. With a larger battery, performance would likely improve further.

Does the Milwaukee 2723 have a plunge base?

The Milwaukee 2723-20 does not come with a plunge base, but one is available as a separate purchase. Milwaukee offers a compatible plunge base (sold separately for approximately $150) that expands the router’s capabilities for mortising, inlay work, and stopped cuts.

What battery works best with the M18 router?

All Milwaukee M18 batteries work with the 2723-20. For best performance and runtime:

  • Minimum: 2ah for light use
  • Recommended: 4ah or 5ah for general woodworking
  • Best: 6ah or higher for extended sessions and maximum power

 

Larger batteries provide longer runtime and may improve performance under heavy load, though they add weight.

Is the Milwaukee router good for beginners?

Yes, the Milwaukee 2723-20 is excellent for beginners. The adjustment mechanism is intuitive with clear macro and micro controls. The grip ergonomics make it comfortable to use, and the included accessories (edge guide, dust chute, second base) mean you have what you need to get started. At $199, it’s reasonably priced for the quality and features provided. The main consideration is whether you’re already in the M18 battery ecosystem or willing to invest in it.

Final Verdict

The Milwaukee 2723-20 is exactly what you want in a cordless palm router: dependable, well-designed, and fairly priced with useful accessories included. It’s not the fastest or most feature-packed router in this comparison, but it’s a reliable workhorse that excels at being uncomplicated and comfortable to use.

The grip ergonomics are among the best in the category, the adjustment mechanism is intuitive, and the included second base adds real versatility. At $199, the value proposition is strong—especially compared to the DeWalt’s $219 price with minimal accessories.

Is it the most advanced cordless router available? Not quite—the Bosch offers a few more modern features. But if you already own multiple M18 tools, the 2723-20 is an excellent router that integrates seamlessly into your existing setup. And for many woodworkers, that ecosystem compatibility is worth more than marginal performance gains.

Milwaukee built a router you can count on. Sometimes, that’s exactly what you need.

 

👉 Check current price on the Milwaukee 2723-20 here