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I know this is an old thread but in case someone is looking at a used one...

It's missing two features that's important in a woodworking shop. 1) quill lock and 2) depth stop. There are better drill presses for less money.
Not true. I have one. It has both a quill lock and a depth stop and a built in light. They are built into the handle mechanism and is a lot more handy than the lock nut system. It is a good solid machine. Not sure you'll find a better machine for less money.
 
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