So something so very basic that we all do time and again is somethign which many people still none the less have problems with... putting holes in things. Modern drill presses are not made with metalwork in mind, and tend to run far too fast, even on their slowest settings, for drilling through metal. I've struggled far too often with burning out drill bits, having them bend and give me oblong holes, etc... my solution... go back to an erra when drilling holes in metal was the primary reason to have a drill press.
I just picked myself up this 20 inch Prentice Brothers camelback drill