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What else a drill press can do?

It's also a press for squeezing tightly fitted pieces together that a clamp either doesn't fit or would be awkward. Of course the usefulness of this depends on how deep the throat is on yours.
Think seating bearings, tight fitting dowels that have to go in straight, etc.
 
I use mine for drilling and pressing. That's it.

A drill press in not intended for tangential forces.

Damn! I was pretty sure that the 4" diameter Torrington sleeve bearings in the shaft would be up to the job.

But, hey - they've been holding better than a .001" tolerance for over forty years now, so I guess you're right, and it's failure is imminent.

Of course, it was almost a half-century old when I got it from the US Navy in 1969.

I wouldn't expect a Chinese HF, or a Craftsman unit to work, but the name in this case means a lot: LeBlond.
 
Sometimes I'll take one of these mounted on a bolt:

Abrasive_Flap_Disc.jpg


and chuck it into my drill press for carving tops.