Russell,
Agree with a lot of the above, but some thoughts:
(1) Never use a drill chuck for holding milling cutters; if the cutter is subject to sideways force it will “walk” out of the chuck and probably ruin both tool and job.
(2) For that reason, you don’t need a drawbar on a drill chuck shank, in fact it’s probably a bad idea as it takes several times longer to remove a tool with a drawbar in it.
(3) ER collets are entirely suitable for holding milling cutters, and are by miles the most versatile type of collet you can get. They also have the added attraction that you will be able to get a chuck for using the same set in your lathe.
(4) Harold may be right that you can do anything without a milling vice – but you risk dying of old age. There are a myriad jobs involving drilling small items which can be done in a minute with a milling vice, will drive you mad without.
(5) A set of parallels for supporting small items in the drilling vice will be invaluable – you need a selection. I have a purchased set, but they are often too thin; the best ones I made myself from 4″ lengths of gauge plate.
(6) Try to get a milling vice with a decent jaw opening – many of them are real tight-arses with a maximum gap very small relative to their overall size.
(7) For working on tiny items a sub-table is a real benefit; this can be drilled and tapped, or otherwise hacked about, for holding down clamps as you wish.
(8) The most versatile table clamps I have are step clamps, you can adjust them over a wide range of heights.
David
Edited By David Clark 1 on 29/01/2012 18:33:12