My shop, while dedicated, is still pretty small at 16' x 12'. Getting close to 10 years ago, I made the conscious decision to move more, though not exclusively, to a hand tool approach and sold off most of my large power tools. My 2 main reasons are (1) space as I described above and (2) I'm not in a hurry so the journey of making projects is what I'm really enjoying.
The 2 big power tools that I still have are my bandsaw and my thickness planer. I keep these 2 for specific reasons. Ripping long boards is the least interesting sawing I have to do. Also, initially thickening boards is the least interesting hand planing I have to do.
One tool I miss is my drill press. Unlike the other 2 power tools, it's not because drilling is tedious but rather because I can't seem to drill a square/plumb hole. I can set all sorts of squares around a brace and bit (or even a power drill) and depending on the thickness of the board I'm drilling through make a very angled hole. It's quite frustrating.
So about a month ago, my friend Mike Lingenfelter said that his brother was heading to a more remote part of our state for a tool auction and said they were specifically looking for post drills. They offered to keep an eye out for one for me and this past weekend, I checked it out and it was everything I'd hoped.
There is a bunch of rust though most of it seems to be on the surface but the gears all work, including the auto advance feature. I need to clean it up and see what parts should be painted since rust will still be an issue over time.
Space is still an issue in my shop so I'm going to think about a mounting location and will undoubtedly need to be very creative about where and how I mount it.
I also hope to retrofit the chuck with a modern chuck so that I can use my more modern bits.
I'm looking forward to getting the Post Drill operational though.