Pillar Drill / Drill Press

Sam Berlyn did say:

Depends on their construction of course, but generally speaking a pillar drill (drill press to us yanks) is going to be more robust and precise.

You may have better luck then I did, but I tried 2 different models of drill stands that friends had, with 3 different drills... None of my drills really fit the holders very well and I had a lot of alignment problems... never did get a really reliable, square-to-the-surface hole drilled with them...

If the drill press/pillar drill is affordable, I'd suggest giving it a go... not only more durable and precise, but you get to use your drill for other jobs.. YMMV