Repair/rebuild Duracraft 1600 Dp (was: Drill Press Shopping With $200)

Ok, progress has officially been made!

The motor is good! I bypassed the switches and ran power straight to the motor, and it spooled up in an instant. I'm confused about the switch, though. I did a continuity test through it and it seems to check out ok, but there was no power at the motor connections when I tested it. I DID see corrosion on one leg of the power going into the switch, but could that have been enough to completely zero out the current?

Here you can see the corrosion I speak of:
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I'm a newbie to all of this, but for my basic needs the runout seems ok? This is max runout, according to my cheap-o dial indicator:
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Another bit of good news, if I have been learning correctly, is this shows that it IS removable:
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And finally, a bit of the bad: the threads in two of the three holes for the feed handles are pretty much eaten alive by rust. Being new to most of this, what are my options here? Can I tap them and just thread some barstock?
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Try Grizzly for parts. I have found parts for several tools this way.

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Yupp fix it , it's better then the imports now , you will not find a cheap import table top model with a morse taper in the spindle. The broken piece in the handle should come out easily drill close to center as you can and ezyout the rod. make the handle , plastic ball knobs are cheap on eBay lots of china stuff there. and I would rotate the head and table over the base . the rust should polish off easy to . Put a new switch on it and you should be good to go. a chuck can be got on eBay also buy a used Jacobs 1/2" or 5/8" and if you want to reduse the speed that can be done to, and it shouldn't cost the $200 you have to use.
 
Thanks for the update, Anopsis. It is good to hear that the motor is not toast. That's what is neat about working on some of the older stuff: Many times just a little effort and elbow grease goes a long way.
 
Wiring might be for shimel, but the fact that there is a knockout slot would thrill me.
That is a very good feature. (IMO)
 
Thanks for the update, Anopsis. It is good to hear that the motor is not toast. That's what is neat about working on some of the older stuff: Many times just a little effort and elbow grease goes a long way.
. Come on, twenty minutes to check to check the
important precise ? parts and the rusty expensive parts ; is this not what we are
about ? .......BLJHB"
 
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