Drill Press

Drill presses are realy good for drilling consistent holes in wood.

They can (depending on the size) drill holes, about 3" deep. This depth is good for most wood working projects, which you use your drill press on.

They are suited best for drilling through metal.
Care should be taken when doing this, make sure the stock is well held down to reduce the risk of injury if the piece comes loose.

This machine like most of the power tools you use work the best if you do not feed them to fast.