When I first got one I wanted to make sure no blade was going to go flying off of the magnet, so I went big and got a 120 lb. welder's magnet. It works great, but if I get another I'll probably go a bit smaller since the 120 holds so tight that it can be a pain to pull the blade off of it sometimes. That can be a problem when you've just finished grinding your flats to 800 grit and have to wrench the steel off the magnet. Even with tape on the magnet that's a quick way to scratch your blade and cause more work for yourself. I think 100 lbs. of pull should be more than enough.