Klutch Electric Drill Press, w/ Digital Display + Laser Guide, Variable Speed, 1 HP, 120 Volts + $20 Northern Tool eGC

Switch between 2 gears with variable-speed adjustment from 170–880 RPM and 490–2,600 RPM
Easy-to-read LCD display with push button design for accurate drilling a variety of materials
LCD display shows RPM as well as spindle travel for exact drilling depth
Integrated LED light and laser provides illumination and greater accuracy
Quick release chuck with chuck guard for easily changing bits
Rubberized grip on handle design for great control during repeated use
Easily adjustable 13in. x 11-3/16in. aluminum base for corrosion resistance
Parallel workpiece guide for more precise repeated drilling of large surfaces along edges
1 HP, 120V motor for consistent, smooth power
MT2 spindle taper; 3-1/8in. spindle travel; 17-3/4in. spindle to table