Welcome Jason. I prefer to drill my holes with the Dremmel over my drill press. I buy my plywood at Lowes. I can buy a 4 by 8 sheet of 1/4" maple and oak for $29 and underlayment for $19. The underlayment has one side that is very nice, I have used a lot of it. They will also cut it into smaller pieces for free so I can fit it in my car and not have to take my truck. As far as blades you will probably have to try a lot of different ones to find what you like. I like the FD new 3/0 spirals and not many others like spirals at all. We all like to see pictures so post them as you cut them out.