I could also title this thread, "Help me spend my money".

OK, so I'm just starting to get into metalworking, and my first two
purchases are a chop saw (bought it) and a drill press (still
looking). I need to cut some steel beams and bore nice, straight holes
in them for bolting a metal frame together. I'll also be doing some
welding, but that's another topic alltogether.

I'd like this press to be my first major purchase toward building a
good machine shop and learning metalworking techniques. So, on to my
questions:

1. What else can I do with a nice press besides drill straight holes?
I admit I know very little about metalworking. I'm into woodworking
and have built some very nice pieces of furniture, but I've only ever
used a drill press to make a straight hole. What else are they used
for?

2. What sort of features should I be looking for in a press?

3. Can you recommend a good press that will work well both for metal
and woodworking?

Thanks in advance for your advice!

-Ryan