Man I love new tools!! I have been using this old benchtop Rockwell drill press I picked up at a garage sale for years. It is missing its chuck key, the height adjustment requires moving the entire drill head assembly up and down and other irritating stuff, but she worked for what I needed. I have been saving my pennies for a while now and finally popped on a new Porter Cable 1hp 12 speed floor model freeing up some much needed bench space. I think this will be the last drill press I will ever need! It will be nice to have something powerful and accurate for a change... I went from this.... To this!!!