High alloy steels are stronger than regular stainless steel types, making them ideal for larger projects requiring more torque during installation like cabinets or furniture. However, they might cause damage over time due to corrosion or oxidation unless you use a bit cleaner after each use. On the other hand, stainless steel screwdriver bits are easier to clean and won't damage over time due to oxidation or corrosion unless you scratch them with a wire brush which might cause rusting if not cleaned up right away after use or left exposed for too long.