Stay away from a cheap drill press. By that I mean HF, and along those lines. Look for a Rockwell, Craftsman, Delta......a brand name press. You can pick them up fairly reasonable. Like stated above, get a floor model. It will allow you to drill long parts. And again, as stated above, make sure the quill of the press, or what the chuck goes into has no slop to it. You don't want to buy one then find out you have to rebuild it, or find out you have a press you can't get parts for, hence the reason for getting a brand name press. If you can, go no less than 1/2" for the chuck, but 5/8" would be more preferable.