You can Synchro Summon "Power Tool Dragon" with this card and equip this card to it for free and still be able to use "Power Tool Dragon" to search its own Equip Spell Cards, giving you two Equip Cards to work with.
Special Summon "Cyber Dragon" (or other similar cards), then Normal Summon "Vylon Tetra" to Synchro Summon most level 7 Synchro Monsters (see "Vylon" for a list of preferred Synchro Monsters).
Alternatively, you can Tribute Summon "Salvage Warrior", then Special Summon this card with "Salvage Warrior's" effect.