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Thanks very much for responses, I'm so glad to hear my blind buy turned out to be a good drill. But lesson learned to do more research and testing before I buy a drill next time.

Thanks for suggestions guys, I quickly tested the runout on the outside of the chuck this morning , will do further tests later on over the weekend. So at the tip of the chuck I get 0.003 Inches (0.0762 mm) runout, this is when the chuck is in fully extracted position, I assume this is good...

Thanks MusicMan , that's good to hear, what does it mean when you say nose in a pillar drill? sorry new to these terms as this is my first pillar drill. I've checked machinespares prices , that's an option but since I already paid £150 for the drill best invest in something else which can be...

Hello all, I've bought a floor standing Startrite mercury drill couple of days ago for £150 without doing much research , foolishly I didn't check carefully how true it runs , it looked ok to the naked eye. there is no sideways play. Brought it home and I read few threads and learned this...