Jonathan, It all boils down to "Ya get what ya pay for" It is possible to mount a larger motor on your drill press, but it just doesnt make sense to re-invent the wheel. By the time you bought a bigger motor and went through all the trouble to mount it and make everything work as it should, you would spend far more time and money than just buying a larger drill press. The minimum size motor to consider is a 3/4HP. Anything less just wont get the job done. You might take a peek at the Harbor Freight web site. They offer some inexpensive tools that will get the job done.
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Mike
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