Not even close. I gave my drill doctor away. It was useless. This holds straighter, aligns more positively, and works way better.
I thought I was the only one here that doesn't like the Drill Doctor.
I got a very lightly used 750X for about half of retail, and still feel it was way overpriced.
The collet/holder uses way too much plastic; it cannot hold a bit securely.
The base has that chincy little window for drill bit rotational alignment in the collet, but there is simply too much "wiggle room".
Saying Drill Doctors are garbage is like saying that a sets of fractional inch taps are garbage because they don't tap metric threads. Or that a spin indexer is garbage because you can't use it to cut 13-tooth gear.
I disagree.
In your example the taps and spindexer can still work as advertised.
All I (and I believe the OP) want is for the Drill Dr. unit to work as advertised.
It promises quick and accurate results, but it does NOT deliver.
My experience with the Drill Doctor is that it is just way too fiddly.
I had okay results with it once, but only after I spent way too long trying to get the bit set into the holder properly.
I only use it a couple times a year, and by the time I figure out how to use it again I have wasted half a day and some percentage of a drill bit.
Perhaps if the instructions were better so that I could quickly use it when I need it AND it was better designed to more positively align the bit I would find it more it useful.
Brian