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The rubbing alcohol worked perfectly!
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Glad to hear it. Very clever of you to think of using that straw in the picture to put the alcohol in, I will do that the next time I can find straws but not the squeeze bottle. The alcohol works with steel too, especially with hole saws. With the hole saw, cut plugs out of kitchen sponge, fill the hole saw center with them. Soak sponge with alcohol. As you drill, the sponge squeezes out the alcohol and the hole saw cuts very well.
If you get tired of holding stuff you drill with C clamps, you can splurge on something like this
http://www.harborfreight.com/cpi/cta...emnumber=31001
It goes on sale for 66% off now and then, or you can find it cheaper elsewhere.
Do not bother with this
http://www.harborfreight.com/cpi/cta...emnumber=94276
You might think you can use a drill press as a milling machine, but in practice the drill press quill will chatter and grab sideways loads. You might be able to cut balsa woold or styrofoam, but not metal.