OK so maybe the last update until I get going on Weds. I think I have found the solution for the Forstner bit. This has taken hours of research, as most of them are built like rubbish and are just not up to the job or built well enough to do the said job, but...
It's not the financial side of things preventing me from buying an actual drill press. It's the logistics. I have nowhere permanent to set one up and thus I would be forever moving it. And, if you know about drill presses you would know they ain't light. As such I wanted one of those ^ but as I said most of them are poorly reviewed due to being wobbly, flimsy and not very accurate. As it happens it's 35 quid. Which is more than acceptable, given I bought a workhorse drill after blowing my old one up (I didn't want to trash my Bosch Pro cordless).
So yeah, easy to take apart and smaller and lighter to stash. I am going to be buying a cheapo workbench for this, so I will bolt it to that in order to use it. Another thing I have in my list is this.
Because as I mentioned somewhere (I need to find it) I do have this.
And I would like to actually get some use out of it. I even have the correct cutting bits to use with it, and would actually like a nice round circle lol. Well, two, as the grill needs one too. The grill needs a "as close to perfect as humanly possible" hole given it is how the woofer will take the weight of said grill. Hard to explain but yeah. The magnets will not hold the weight, they will just hold it in place so the rim of the woofer takes the weight.