As to the xy table, that CL ad wasn't more than $10 different from buying NEW from Grizzly; check the links I posted. No, it's NOT "milling machine accurate", but it's more accurate than the DP probably is. I'm happy with mine. Any machinist (I'm NOT one) will tell you to "always approach from the same direction" or similar - this means that there will always be backlash in anything mechanical, so you'll need to understand how to minimise it.
My use of that table works, partly because when I'm doing my "count the turns, drill again" thing I always hold tension against the SAME END of the table for each successive hole, always use the EXACT same # of turns (if it's HALF turns, the crank handle is straight UP for one hole, then straight DOWN for the next)...
My old (1980) Orbit (Taiwan) DP has had a HF cross-slide vise on it since it was 2 yrs old, and there's NO WAY I'd do without it - it's screws are 8 TPI, and even if I'm only doing one (center punched) hole in something it's easy to clamp it in the vise, then move my head 90 degrees and center the drill point from both axes. The bigger xy table and a separate vise is just a nice "dose of steroids" on that concept.
Spreading the cost out is a time-honored way to get where you wanna go WITHOUT your wallet "bleeding to death", I do it all the time - I bought my mag drill as a "fabricator kit" and got 5 piece set of Hougen cutters with it for about 60% of what the individual cutters cost, then bought "onesy-twosies" from a list I made up of sizes I wanted available - there's one or two still on the list, but I won't get them til the (projected) need turns into reality. Still, I've probably got close to $800 in cutters so far. Some are exact size, but probably 2/3 of 'em I bought are "clearance" sized - by that, if I need holes for 3/4" bolts I'll use a 20mm cutter (.7874") which gives me .037" clearance...

- as you can see, I also mark the EXACT decimal sizes on all the tubes for my convenience.
Not sure how big the forum allows for pdf's, if it works here's my current list of cutters (marked in red on pages 15-16) - The 1-1/2" cutter was expensive, that's the size ALL the pins on my backhoe are, except for the main pivot on the hoe bucket; it'll make fabbing some projected attachments MUCH easier... Steve