Several of us use the MicroLux variable speed press, it has a larger table to drill from. Mine was taken apart before I even ran it and everything checked. Mine has no measurable runout and is a great drill press. The Proxxon is also a good drill press.
I think you will like it. If I could make a recommendation when you first get it take it apart and clean it well. Then take it and run it for a good while. Let all the parts settle in to each other before putting any load on it. That's what I did with mine.