I would like to construct a simple set-up where I either turn the knob or move a lever varying degrees to get varying speeds from a low-powered rotary electric motor. The effect I desire is similar to a De Walt cordless drill (which I am personally very familiar with as a window and door installer). I would like the motor to operate at these somewhat precise varying speeds when I move the lever one way, but is it easy to then get it to reverse rotating direction with the same lever, with the same precision, or should I just incorporate another motor into this system? If you would answer this please understand that I am not an electrician or an electro-anything, and I only have the most basic understanding of these concepts, so please answer accordingly (condescension is ok). Figure 1 is the "lever switch". Figure 2 is the variable speed motor. Please don't mock my artwork.

"Almost" Good Answers: