Sounds like you have the motivation. I would say an 8" drill press from Harbor Freight is not worth your time. You can find some pretty amazing deals for an old Delta, Craftsman, Dunlap, or many other American-made drill presses on Craigslist, auctions, garage sales, or FB Marketplace. Spend your time restoring one that you will be proud to own, and keep for many years. Drill presses are not real complicated machines, and as long as the important parts are ok, (Base, table, column, head casting, Spindle/quill) your golden. Tearing them down, cleaning up the parts, repainting, etc. is pretty easy an very rewarding in the end.

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