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If there is a Harbor Freight close to your area check them out. They carry a fairly extensive line of decent presses in a variety of sizes. A drill press needs to have enough power and the ability to run at the proper speeds to do the jobs you want it to do. A good chuck is a major issue and you need to make sure the chuck that comes with the drill press is a good quality chuck. Make sure the spindle has a STANDARD Jacobs taper so you can upgrade the chuck if necessary. Do not be impressed with whistles and bells. A drill press should be simple and functional.