I have one of the Drill Doctors, perhaps a 650?
Tried it a couple of times, but never really “got the hang of it”, so it mostly sits on the shelf. The last bits were somewhat useable for wood, though. Not sure I will try steel with them.
Biggest obstacle is the fact that Menards frequently has fairly descent quality bits on sale for dirt cheap when they change vendors. It’s easy to just grab a new, sharp bit rather than futz with the DD. Also, I bought a set of, I think Norseman bits for tough work and they hold an edge well enough that they’re still almost like new.
I accept that some people love the DD, though.