My friend had to go to some wedding on Saturday so instead of waiting for him to use his drill press, I opted to purchase my own.
And I like it. 15" Porter Cable Drill press, biggest throat I could afford. Got good reviews to I took the bait.
Took all Saturday to get and assemble. Work went alot more quickly after that and I forsee more guitar building in the near future.
Forstner bits to about 1" depth
Screw holes are alot more accurate with your own press. That's an understatement.

My trusty router with flush cut bit
1 3/8" final cut depth for Trem Cavity. Hooray!

Test fit. GOOOOOD.
Now I have to get an extra long drill bit to make a hole from main control cavity to my new Trem. Due to the Tusq saddles being non conductive and all I have to make a new Ground connection to the strings and the Trem is it. Guess I should paint the new cavity as well. That's tomorrow's project.