Magnetic tapping fixture. By The Metal Maverick. 8:02 video:
Battery-powered rotary weld table - video
That is a really cool idea, take that from somebody that often has to do field installs or upgrades. It might be even nicer if you could also use it as a drill guide. In any event there seems to be a range of taps where you need the help of a tool like this. For larger holes I often resort to a large slow speed Milwaukee drill. This doesn't work as well for small taps or where the risk from a broken tap is too great.
The thing that threw me when first looking at this is that the structure looked like an aluminum casting. Your powder coating did a nice job of making me think aluminum. All in all a really nice idea that might even have me ordering a couple of those switching magnets.
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