Answer:
A mighty weapon in the war against winged household pests.
I am the tool, for inspiring many. Buy me in the store, for not much more than a penny. Don't overuse me, or my usefulness will go.
With sharp edged wit and pointed poise. It can settle disputes without making a noise.
It floats over the land, It cuts the tallest mountain, Its voice is like a fountain, Its body like a snake, Will flow into a lake.
A thousand colored folds stretch toward the sky. Atop a tender strand, rising from the land, until killed by maiden's hand. Perhaps a token of love, perhaps to say goodbye.
What did the piece of wood say when he saw the screwdriver and screws approaching?