So I have been wanting to get a drill press. A while back, I came across this on Craig's List so I went to the guys garage sale and picked it up for $10. I had an old drill that was collecting dust as it was not that great and it was replaced long ago with a much better drill. Well with some good elbow grease to remove some of the rust and $0.25 at HD to replace a missing wing nut and $2 for an in-line switch, I now have myself a small drill press.
The drill was from Big Lots for about $10 years about 8 years ago and was replaced by a much better drill. However, my drill press will take a 1/2" drill bit.
The stands can still be found on eBay and other places.