John, if the drills you're referring to are the ones that are (or used to be) sold in sets in a flat grey box at ME shows, then yes they are capable of drilling hard stuff, though I'm not sure about accuracy.
They need to be run pretty fast, and initially skate round on the surface to be drilled, as centre punching isn't going to work very well. Better to prepare a guide piece, with the requisite sized hole and and clamp the workpiece between that and some backing material.
I've a Manchester Rapidor Minor mechanical hacksaw, which only takes 9" blades, so I buy longer, all hard, ones and use these drills to add the new hole in the end when I've shortened the blade to length.
You do need to support the break through side though, with something reasonably hard, to avoid chipping of both the bit and the workpiece.
As far as the demos go, yes they seem to be real files. I've tried drilling HSS blanks, and the bits cut through those OK.
Bill
Edited By peak4 on 04/03/2018 11:24:19