Well, I am a little late to this party, but I rebuild and sell Delta 17" drill presses from the 40's and 50's and for $650 you can have a 17" drill press with a 3 phase motor, Automation direct VFD, remote speed and forward/reverse control. ball bearing thrust bearing on the table lift (which works as smooth as glass) a nice table, a superior 4 bearing spindle/spindle pulley set up and much more. Spindle speed range is zero to about 4,000 rpm.These weigh about 400 pounds. The sad part is I don't have any available as I sell as fast as I can get one done.
I once was looking for an upgrade and looked at what was coming in from across the pond and decided to wait. I finally got into "old arn" and never looked back.