Confirming the capabilities I milled a real part from a steel blank today. Well, it is a fantasy part without any particular use except to practice. It ended up quite nice. Accuracy in y-direction is about 1/1000" oversize and in x-direction about 3/1000 inch undersize. The 10 and 15mm holes are milled as pockets with the 1/4" bit and look good as far as i can see with the caliper but I need to take it to work and measure with pin gages to get a better result.
So far so good and I will use it when needed but machining steel is a bloody mess with the sharp and magnetic chips flying everywhere. I will avoid it if I can and stick with the real stuff, that is wood ;)
Machine setup:
https://lh4.googleusercontent.com/-i...4/DSC01321.JPG
Finished part, top:
https://lh3.googleusercontent.com/-2...4/DSC01328.JPG
Finished part, bottom, almost looks like a Geneva Stripe pattern
https://lh4.googleusercontent.com/-U...4/DSC01329.JPG
[ame=http://www.youtube.com/watch?v=WuSygxzvCKM]MachiningSteelPart.avi - YouTube[/ame]