If it’s a MF4 or 5 it will be a superb drill if it’s in good condition. I have the MF4 after trying a few drills, the runout is less than 10 micron which makes it a superbly capable metalworking drill.
If your looking to spend c£400 or a little more, have a think about a small secondhand mill with quill. A compound table is really useful and you will be able to do metalwork as well. OK woodwork isn’t going to do it many favours, but for hobby use and with a little care, shouldnt be a problem.
