The Stovebolt Site Forums The Shop Area The Tool Chest Drill bits...............

For a few extra bucks high performance drills/taps sold by industrial distributors will vastly outperform retail hobby stuff. Try one of these for comparison:

http://osgtool.com/product_list.asp?type=DRILL&type2=Jobbers

You can find a place that sells them here:

http://www.osgtool.com/search_distrib.asp

These work relatively well removing drills and taps:

http://omegadrill.com/