I have recently been down the route of portable drill stands and I would not expect to get any sort of repeatable result from a £25 item like this.
View attachment 197587I tried a Miles version at about £40 and that was hopeless and then looked at versions from Axminster
and Rockler before having a good think about there designs and why there were issues. I found the problem was overall height and then with a drill attached it became very top heavy and very unstable, yes you could attach a larger ply base but then you get other issues. My requirement was not for an MFT top, I needed something with more depth than my routers can provide and portable so in a moment of madness I brought a Woodpeckers Auto Line Drill Guide simply because I knew Woodpeckers engineering albeit very expensive will deliver and it did. It is much smaller than most others but using my Milwaukee M12 Installation Drill Driver it is still top heavy but easily managed and so easy to align to drill holes on location. For your MFT, even with using the existing MFT as the template and getting the pattern of 3mm holes using those revision dogs I would still doubt getting the level of precision needed because it takes so little error on each hole to accumulate into an unacceptable problem. I think that Peter went through many of these ideas to arrive at the Parf guide and there are some good threads on the UKW if you do a search but for me the ideal solution apart from CNC would be a jig and router, but at this moment in time the Parf Guide is the best solution. I would like to see a Parf guide drilling guide with 30mm holes to accept a router with 30mm bush as then you totally elliminate any issues in the use of the drill guide.