FWIW im using a $79 harbor freight drill press from 2004 and i use if for a shitload more things than cobs...
I am glad it is working for you.
Here is my experience with lower quality tools.
Had a jigsaw and on the first cut the base bent up to the motor.
I have a chop saw that has a one piece forged fence that is to the right and left of the blade. It is not straight and on one side is about a sixteenth out of alignment. Can not use it to get a angle the same from side to side.
Had a router that would not go up or down after about a month.
I have a table saw the the miter slides are wider at the blade. So it makes the use of the miter slide worthless.
I have a dust collector that blows dust all over the place before it gets to the filter bag.
So now I will only buy a tool that is of quality that will perform the way it is suppose too whether it cost twice as much or not. I want something to last and not be junk right out of the box. And Harbor freight just does not fit that bill from tool to tool. Might be good and might not.