I love machining Delrin/acetal. Machines & threads nicely, I've even knulred it with good results (form knurling). As mentioned, use sharp tools, I use sharp high positive inserts used for Al. I've only worked with round stock though. As with any swarf, be careful of it when taking very deep cuts & drilling fast as the swarf builds up fast & can catch things and yourself in a blink of an eye.