I did a job for a man today and while there he offered to sell me his drill press. It's a bench top model, Delta 11-990, but he also bought the stand for it and has it mounted on top of it. He offered it to me for $150. It looks in good shape but I don't know if that would be too much to pay for it or not. I'm trying to outfit a modest wood shop on a limited budget and thought this would make drilling precise holes for dowels easier. Also my brother was wondering about using it for drilling bowling balls as part of his hobby as well.

While typing this I just received a call from the owner of the press. He says it has a 2 3/8 inch travel depth for drilling. This seems shallow to me but I don't know all that much about these things, or what my needs for a press will actually be. Online, the description says a 12" throat, so I'm assuming that's how much clearance there is from the tip of the chuck to the platform below, or is it from the center of the chuck to the post at the back??

Thanks for any input I receive.