After being abused by a "Hole hog" drill I bought one of these. At low speed it has a break away clutch that saves you from the reaction if there is a bind.
I have the original version of that drill,
It's from the B&D Professional line of tools, made by Elu. Elu made some of the BEST power tools ever made, not sure who makes the current line?
I bought mine, after blowing the tranny on a Milwaukee Hole Hawg, and going on the job having a plumber telling me he had two Hole Hawgs with blown trannys on his bench in his shop.
My industrial tool dealer, told me the Elu was a MUCH better drill, so I bought one, and that was back on in the early 80's, I have nothing but good things to say about this drill.
For bigger holes, I try to use a drill press as much as possible,
but I realize that's not always possible. Also, when drilling, get your self a can of "Tap Magic", that stull really is magic!! Step drilling and Tap Magic IS the way to go!!
SR