You can repack them yourself, but the service life may be no better than what you are getting from the standard or even rebuilt packs,
The cheap drill & charger kits usually have cheap dodgy chargers, there is a specific way the batteries like to be charged and discharged,
One of the common myths with Ni-cad batteries is to completely discharge them so they don't build up a memory effect, the best time to put them on charge is when you are drilling the speed slows right down, not after doing 5 or 6 holes in timber, a lot of people used to jam to trigger to totally drain the battery, this is the same principle as draining a car battery below 10volts, it just shortens the battery life,
If you are using the drill at home you can just buy a Sealed Lead Acid battery, get some crimp connectors, heavy duty Twin Wire, (like speaker wire but thicker), and solder the cable to the inside of the stripped out battery case, slightly clumsier but still very much portable, the link below shows one way of doing it, I just used cable ties and hot melt glue to attach mine to the base of the drill (fairly heavy and clumsy but suits my usage, you can use a standard car battery charger then,
Try these sites, Jaycar is an Australian company, they will do mail order, but you will get an idea of what to search for,
Replacement batteries-
http://www.jaycar.com.au/productView.asp?ID=SB1618&CATID=18&form=CAT&SUBCATID=283
Sealed Lead Acid Battery-
http://www.jaycar.com.au/productView.asp?ID=SB2484&CATID=18&form=CAT&SUBCATID=250
Charger Kit-
http://www.jaycar.com.au/productView.asp?ID=KC5453&CATID=25&form=CAT&SUBCATID=821
There is another kit that you can add on to cheap car chargers, but I can't seem to find it at the moment
Drill Modification Details-
http://autospeed.com/cms/A_110871/article.html
Check the AutoSpeed site for things like cheap chargers and bench power supplies from old computer power supplies, a mate and I built most of these sorts of things before this bloke started his website, most of them are still going 10-15 years down the track