I am not sure if all of you read Fine wood working, but the last issue they reviewed lee Valley brad point drill bits.
They are by far the nicest bits that I have used. Very little walking and I cannot think of a bad thing about them. They are not that pricey and well worth ordering them. I have a ton of cheapo bits, we all do, and you need a good bit in a drill press.
I would buy them and use them only for detail work such as neck pockets and bridge mounting.
Here is the link: http://www.leevalley.com/wood/page.aspx?c=...cat=1,180,42240