You don't need a drill press at all....the deck is aluminum so if you have any decent drill bit it will go though it like butter. It is also very easy to drill the 510 connector. All in all it will take less than 2 minutes to drill it free hand.
What the Squape designers should have done was to make it like Protank 510 connector/pin. The pin is hollow on the protank so air could go through it from the bottom. If they did that you could use the squape with mods that have airflow control and then you wouldn't need airflow control on the squape itself. I have used the squape without the insulator at the 510 and you have perfect control with mods like the chi you, nemesis, 69 mod etc. But you have the real risk of getting a hard short...so I wouldn't recommend doing that.
What the Squape designers should have done was to make it like Protank 510 connector/pin. The pin is hollow on the protank so air could go through it from the bottom. If they did that you could use the squape with mods that have airflow control and then you wouldn't need airflow control on the squape itself. I have used the squape without the insulator at the 510 and you have perfect control with mods like the chi you, nemesis, 69 mod etc. But you have the real risk of getting a hard short...so I wouldn't recommend doing that.