Milwaukee Accessory Shockwave Impact Locking Bit Holder Dib-303543

Has anyone tried it with hex shank drills ? If so did it work well ? I know its going to be longer, but did it hold security with little wobble ?

Could I connect this with double ended screwdriver pits?

Does it lock the edge notched non-impact style 1" bits? Or only lock collard impact style with just a magnet for the other kind?

Can this be used to drill 1" or greater holes in wood? The Dewalt version stripped immediately.