James Waldby wrote:
Ordinarily you would use drill bits with MT2 shank, rather than
collets with MT2 shank. Visually similar to those at, eg,
http://www.patented-antiques.com/images/cyntools/XX-c-tools-on/c-drilltools/PA010165.JPG
That picture probably has both MT2 and MT1 bits; use an MT2-to-MT1
adapter for latter. Pictured at eg
http://cuttingtools.en.alibaba.com/v...apter.jpg.html

Ah, thanks James, that makes a lot more sense now. It looks like there will
be some new drill bits in my future, and with fancy ends, to boot!

Jon