Yes I have; but I do not generally use a bit smaller than 1mm (about #60). 
Any bits I use that are smaller than #40 have a 1/8" shaft and taper down 
to the specified drill size (Velleman).

I certainly agree on the lack of accuracy with respect to 
concentricity but I do get better results with this drill press than the 
Dremel and stand I have (probably about 20 years old also).

For the sale price of this drill press (<$100CDN) I think it's well worth 
it for hobbiest work.

I only build prototypes, the end use being for research applications, so 
hole size is not too critical. If more than a couple of boards are 
required, I do get them from a circuit board house.

Jamie

On Sat, 18 Jul 2009, Carl Denk wrote:

> Have you used the Canadian drill press on PCB boards? Generally
> inexpensive and larger (than a 1/8" max. chuck size) do not have
> precision spindle and qull (the part that slides up and down) bearings
> plus the chucks and spindles are not precision concentricity, which are
> needed when drilling small holes( I'll say smaller than 1/16"). As I
> said earlier, even my Delta drill press is not a proper machine for this
> work.
>
> I can't comment on the squaring up of the dremel drill press, mine is
> maybe 20 years old, and does the job for the occasional PCB I make.
>
> Jamie Lawson wrote:
>> Hi,
>>
>> I have found when working with these types of mounts that they are
>> difficult to square up and secure properly.
>>
>> Since you're in Canada; for double the price you can a get quite a decent
>> 10" drill press from Canadian Tire. On sale this week.
>>
>> Jamie
>>
>> On Sat, 18 Jul 2009, solarwind wrote:
>>
>>
>>> http://www.lowes.com/lowes/lkn?action=productDetail&productId=247825-353-5000220-01&lpage=none
>>>
>>> Worth the price or ripoff?
>>>
>>> -- [ solarwind ] -- http://solar-blogg.blogspot.com/
>>> --
>>> http://www.piclist.com PIC/SX FAQ & list archive
>>> View/change your membership options at
>>> http://mailman.mit.edu/mailman/listinfo/piclist
>>>
>>>
> -- 
> http://www.piclist.com PIC/SX FAQ & list archive
> View/change your membership options at
> http://mailman.mit.edu/mailman/listinfo/piclist
>
-- 
http://www.piclist.com PIC/SX FAQ & list archive
View/change your membership options at
http://mailman.mit.edu/mailman/listinfo/piclist