The points about sensitivity are well made but I sometimes wonder if we worry too much about speed. Clearly someone wanting to make 10,000 very small widgets an hour on an automatic machine needs to consult tables of optimum speeds but for less demanding requirements less speed may not be a big problem.
Think of those traditional watch and clockmakers and their bob drills and bow drills and Archimedian drills. One would need to be some sort of athlete to get more than a few hundred RPM with any of those. In one of the early MEs a highly respected author wrote there is "no speed too slow to get a good finish or a true hole, it just takes a little longer."
So if one only needs a few small holes, and has a machine that does not wobble, has a concentric chuck or collet, reasonable bearings and a sensitive feed, and is not impatient or ham-fisted then small holes are not a problem. I don't know about anyone else but I find the setting up of the machine, the marking out of the job, the clamping and general alignment of the work all take a lot longer than the comparatively few moments that the actual drilling takes,
I do like the rising table idea for small holes on a big machine. perhaps the design could be written up for MEW?
I have a traditional sensitive drill of the Edgar Westbury type which I bought from a forum member who had made it himself from a set of castings and was giving up due to age and ill health. it has done me well for small holes down to about 0.5mm despite not going more than about 2,000 RPM on the fastest of it's 3 speeds.
Rod