Hi Zerb,
Glad to hear it worked. Here are some answers for your questions. Please let me know if any unclear.
When you do Sketch Dimension on the one side of the bottom of the triangle, why only the one side and not the other as well?
[Nicolas:] We have multiple ways to define the sketch. Because we want to use the Revolve command to cut the shape of the drill bits, the key here is to define the half of the section then revolve it around the axis. As shown in the screenshot below, the left one "could be" the exact profile of the half of the section. The right one is the section profile, but we only use the half for revolve. Also, in the previous screencast, I didn’t trim the sketch. All of the sketch profiles are OK in this case, as long as it contains the half of the section.

Also, what is the reason for adding the one line down the center? Is that so the Revolve function has something to go by?
[Nicolas] Yes, the line would be used as the axis for Revolve. It’s also the symmetrical line/center line of the section.
Lastly, the horizontal line near the tip of the triangle, then you went to symmetrical and selected both long sides of the triangle sketch, then to Sketch Dimension and selected one side of the triangle and then the center line and gave that a Dimension, why?
[Nicolas] Adding symmetrical constraint was just to make sure the triangle sketch is an isosceles one, so it can represent the section of the holder. The centerline/symmetrical line can divide the section into two halves.
Regards,

Nicolas Xu
Sr. SQA Eng.
Fusion 360 Quality Assurance Team
Autodesk, Inc.