I do not know what a "Pem stud" is, so I can not make any comment on the suitability of this device.
You are correct, in that people that know what they are doing, and have the right equipment, will be able to make consistently good stud welds. Around our part of the world, we have a problem in that the so called experts in stud welding are the guys that typically weld the studs for insulation. As this is a rather undemanding application, their welds are not particularly good. They use the cheapest equipment and take a lot of short-cuts. When I worked with them the last time, they did not even know what all their welding variables were.
I have personally seen some excellent stud welds, so it definately is possible. If you are interested, there is a paper dealing with stud weld failures in high carbon steel studs on the PROKNOWNET site:
www.proknownet.com
Then follow the papers link in the LHS frame and enter "welding" as a search term.
If you have the time or inclination, let me know what this "Pem stud" is all about.
Regards
Niekie Jooste