I have a benchtop drill press, and I've noticed that my forsner bits seem to wobble as they're rotating. Worse, I had to make a few holes and plugs on an ongoing project, and the plus are not tight in the hole.
Today I got my dial indicator set up and checked the runout.
With the chuck empty, the runout was negligible about .002" -.003".
With a 1/4" Lee Valley bit, on the shaft just below the chuck, the runout was .012". At the bit, it was .012-.014"
The plug cutter is also Veritas.
The press is a Ryobi D121 with (I assume) the original chuck.
I really cannot afford a Rikon at this time.
What do you all think; change the chuck, replace the bits, what? I did not try any of the Freud bits I have,