In my experience, if you're cutting through plaster & lathe you're going to burn through these blades fast. They should be fine with drywall.
I have a Fein mult tool.
The depth of cut is 0.833 inches to the reinforcing hub. I would use 0.825 inches (21 mm) thickness as a maximum. Make sure you can clear the saw dust from the cut to reduce over heating. This blade has a cutting width of 0.037” (0.93 mm). The thickness behind the teeth is 0.025” (0.63 mm). The actual cut comes out about 1.1mm.
If your Craftsman tool accepts OIS blade, then this OSC312F oscillating blade should work. For further assistance, contact us at 1-877-BOSCH99 (1-877-267-2499) from Mon-Fri 7A-7P CST.