Arduino milling machine
rikkipitt.com
rikkipitt.com
I'm lazy and mostly a software guy, so I have been looking enviously at these: http://www.ebay.com/itm/3040-CNC-ROUTER-ENGRAVER-4-AXIS-MILL...
The one problem I remember seeing was when somebody's laptop was running it and went to sleep and they weren't able to get it to resume the job when it woke up. Maybe there's a way to do it, but just making sure your computer is set to stay awake avoids the issue entirely.
At least that's my understanding of it. I've never used it myself, only watched it run for other people.
There are also CNC routers. These are for wood, some plastics, and maybe machining aluminum sheet. Those are cheaper than real milling machines. However, ignore anything that tries to use a Dremel tool; you'll just burn out Dremel tools. Bottom of the line for a CNC router motor is something like a $99 Bosch router. Here's a startup that has a low-end CNC router for about $1000: https://www.inventables.com/technologies/desktop-3d-carving-...
Here's an overview of low-end desktop mills:
http://makezine.com/2014/03/20/desktop-mill-roundup/
The Pocket NC, if they ship it, looks interesting - that's the first 5-axis mill for hobbyists. You'll need very advanced software to run that thing.
Many serious home machinists get a Sherline mill. (http://www.sherline.com/prices.htm) They have a good reputation, but it's about $2K for a rather small CNC mill. There are lots of small CNC machines on Alibaba, but quality is unknown.
If there's a TechShop near you, get a membership and use their CNC mills and routers. You'll get better results than with any of the low-end machines.
I have to admit I'm just turned off by it being sold by Harbor Freight. That's usually a bad sign.
If you're going to work wood then you should be fine. For light metal it will work too (aluminum) with some slop, for steel it probably won't work unless you go real slow.
In the end the mechanics are not the biggest part of the outlay, but if you're going for cheap every little bit helps.
The Sieg is a bit better than a drill press (not much though, I'll give you that).
What is the budget for your machine? I'm also very interested in CNC and interested to see further progress and part 2.
You posted it ;) Can't really complain about this!