New benchtop mill

[asid61]

Originally Posted by Cory

RF-45 is the highest quality readily available benchtop mill you're going to find. It's pretty pain free to use and can legitimately make good parts (especially with DRO), but it is small, doesn't have much z-travel, and changing tools can be annoying.

It's well within your budget, but you could also be looking at bridgeports/bridgeport clones with your budget, if you have space.

Seconded. The RF-45 has a dovetail column, which is a must IMO for drilling and milling on the same machine (which you will do). Whatever you go for, avoid round column mills.
Make sure you bolt these down, especially if you put them on the flimsy sheet metal stands they come with. I've found that as little as turning the handles too fast makes it shake and throws it off as much as 0.005" on the spindle.