I have bent most of my stuff using a good vise with some radiused soft-jaw inserts. I generally used a hardwood board to focus the bend at the corner, but held free-hand. It gets difficult when you need sharp 90's in 1/8" MW such as for a Flying Clown gear which only has a 3/8" thick fuselage.
So I recently built a bender out of 3/8" hot roll from the Home Depot. Drilled a variety of holes and sizes, but expect to mostly be bending 1/8". It will bend 5/32" but is working hard. Sorry I can't post a picture--but it looks pretty typical. I used it to make some gear for an I-beamer and it worked fine. Easy to make both sides match up with a solid, stationary tool.
A friend knew I was looking for a good setup--aren't we all?--and gifted me two different K&S benders. He said they were ordered under the same part number. They are both somewhat like the Mighty Bender, but neither is exactly like the other. I suspect that one is the Mighty Bender, and the other is the Mighty Bender and Coiler. That is a bit odd in that the handles are the same (other than one appears to be nickel plated and the other is black oxide finished). They share an offset pivot hole that would allow the coiler to work, but is not needed for a bender although it probably doesn't hurt the operation. The base plates are different. One has a grooved stationary guide (machined from a socket head cap screw) and the other one has a dowel pin. If you wanted to use the one with the pin for coils, it would have to be shortened. There is no wire "clamp" on either one.
I have no doubt that these would bend 5/32" MW. K&S rates them for MW up to 3/16". The bend radius would be 3/16" for either one. Neither would work well for profile gear with that large of a radius. Since the handle pivots on this pin, it would take a bit of machine work to alter it. You could either groove the pin just above the plate or turn down the pin and drill another, smaller hole in the other end of the handle. While you are at it, you could drill it square, without the coiler angle. All you would give up would be bending the biggest MW. I haven't seen a stunt plane with 3/16 MW gear--yet. But if my landings don't improve....well, enough said.
I will probably modify one of the tools to allow bending 1/8" MW to the minimum radius, since that is mostly what I need. I have not personally used the K&S Mini Bender to compare these with.
I was very tempted to buy the ubiquitous "bend anything tool" sold by many, including MicroMark as their Universal Bender. I finally boiled it down by looking at whether it would be good for 1/8" music wire with simple setup. It just didn't seem to meet that criteria. If someone has one, I'd love to know if that assessment is correct.
https://www.micromark.com/Universal-BenderHope this info helps you in your choice.
Dave