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I have the same setup. I use Milwaukees annular drills. Make sure the magnetic base is clean and flat. The thicker the base the better, although 5/8" should be enough. As said You can also turn the motor 180 degrees on the mount so there is not as much load. The less extension cords the better, make sure the ones you use are large. Now start the hole by lightly scratching until it marks the circle, now the hole will start helping to hold the drill as well. The Milwaukee cutters go on their own mount which lets oil wash through. You can also clamp the drill to the table if you just can't get it to hold still enough.
 
Here is the part #. They also make it with a #2 taper. http://www.mcmaster.com/#31315A251

It is a #3 for sure. Here is a photo of everything apart. The part just below the drill motor slides up inside and is held in by the spanner nut.

I also have a similar adapter for Milwaukee Steel Hawg cutters. I also use both adapters in my drill press. Probably more than the mag drills.

After looking at the OP's drill again it may not be able to use the Morris adapter. The adapter he made may be as good as it gets. McMaster also sells a chuckable adapter but it requires a 3/4" chuck and will make the stick out issue worse. http://www.mcmaster.com/#31315A254

Sorry for dragging the thread the wrong direction.

Dan D.
That's a good point Dan. I was wondering on the spindle if it was taper or threads. I do remember them offering it either way. Hopefully he can get it going.
 
Discussion starter · #43 ·
Thanks for all the help! I haven't heard back from Hougen, left a call in with the techs yesterday but they have not returned my call. I did pick up some springs to "spring load" the pilot, but haven't had a chance to try it in the drill.
 
The pilot pins arent really pilot pins, more of a locating pin for line up. Their important duty is coupon ejection after completion of the cut, and then plugging the oil flow afterward. There should be enough rigidity to run without the pilot pin, once you get rid of all the overhang.
 
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