Late to this, with apologies. But they are still for sale, and I found this board when I was deciding whether to buy, so I though my experiences might be helpful. I bought it 2 weeks ago.
I have numerous Parkside tools, and have generally been happy with them. This however is a different subcontractor I think (Grizzly GmbH), and very obviously Asian origin.
The good: good price, a vice included, 500w motor, a good guarantee. It seems like a good Chuck, and 16mm. Safety switch. 3m cable. 9 speed (via pulleys)
Not so good: pressed steel table, not that stiff, cast iron is better. No crank for the table.
Several problems with it out of the box. I'll list them in order that they arose.
First off it wouldn't run at all. Investigation revealed that the emergency switch wire, a live wire I think, was floating free. The other wire was also only loosely screwed into the switch, and indeed the switch itself was loose. Remedied all of those, and although the chassis is earthed, I was still paranoid enough given the findings that I inserted insulation between switch and the chassis (the set screw to secure the quill is exposed in there - a useful finding as it turns out)
The vice screw was terrible. It was rough, and caught. I smoothed it with fine Emery, and greased it. It's fine now.
The drill didn't run true, with quite a lot of wobble at the quill, both front to back, and side to side. I adjusted the set screw, which fixed front/back play, but it still wobbled side to side. Taking out the set screw reveals that it is turned narrower than the quill slot, and the quill in any case is only a loose fit in the housing. So I cut and filed a bolt of the right size into a blunt tapered end. It now grips the bottom of the slot, and the two sides also. As far as I can tell, all play has been removed, though the quill can be a little stiff. I've kept the old screw so it can be returned to factory condition.
But fixing that revealed a huge amount of backlash in the drill lowering spindle, the bit that is turned by pulling on the 3 handles, and that lowers the Chuck. That too is a very loose fit in the housing. Sigh. I shimmed that with a slim bit of mild steel bent into a 'u'. Better, not perfect.
I discovered the angle scale for the drilling platform was way off (it's next to useless anyway) so peeled it off and re-stuck it correctly.
The idler pulley shafts are offset in a crank shape. The pulley side didn't seem greased (despite the maintenance instructions!), but when I took it out to grease it it turns out not to be square - ie the two shafts are not held parallel. I tried straightening the connecting plate back (it is obviously bent) but it needs severe brute force, and I realised that with one belt pulling one way at the top pulley slot, and the other at the bottom pulling in the other direction, there was always going to be a twisting force on each shaft, with uneven wear (already showing), and straightening would not make any odds. I wonder if there should be proper bearings?
It now drills true, and is functional. But having squared the table to the drill, I then discovered that the drill descends at a slight angle to the pillar.
I was pondering how to sort that, (and whether it makes any difference anyway), when i had to use it to drill a hole in wood. As I did, the levers for lowering the drill just started turning freely, not lowering or raising at all. Now I've only had it two weeks, it's not had much use. Hell, most of my interaction with it has been tweaking it!
Anyway, so I pull that apart. Turns out that there's a rolled pin (whatever they're called - like a split tube of metal to act as a pin/nail) holding the cog onto the spindle. That has sheared. So although I think I can do better (tap it for a grub screw perhaps), it's under guarantee, and nothing I have yet done affects its construction, and can all be undone. So I've contacted Grizzly under the warranty. We'll see what they say.
Conclusion? It's a £60 crash course in pillar drill construction and set up. The drill itself has become the hobby. Would I buy another, or recommend it - a resounding no, unless you're only using it for woodworking. But I doubt if any other at this price is much better (though I'd be interested how the Aldi one compares!!). But it has been 'fun', and a challenge. And can be made fit for purpose, if it holds together... But then again, it does have a 3 year warranty...