I agree about the price, but the Axminster jig has several things that are missing from the drill jig (stand) I presently have:
1. The integral shaft and chuck mean it's as accurate for alignment as the tolerances in manufacture. My cheapo one has a clamp for the drill collar, so the centre point is pushed over when that is tightened (not good).
2. It's been designed with alignment marks. Mine has none :-(
3. It has an elliptical plate for angled drilling. Mine is 90deg. only.
Both my cheapy and the Axy. one can drill anywhere on a flat surface that arms can reach to. neither are limited by the pillar of a drill press. This is the reason I have mine. Both also have "V" blocks (sort-of), for circular items.
I find mine useful, but it's also a PITA if something requires it to be used, as it's sloppy and inaccurate and you have to fuss over it to get good results. And the depth stop slips occasionally :-(
If I could run to the Axy one I'd get one, but it would have to be for some specific task - way too pricey to buy on spec.
Just my twopence.
E.
PS: I would find that quadrant annoying for angled drilling. It's all very well, but the axis of tilt is NOT through the surface of the workpiece (unless I misunderstand from the pictures). That means the tip of the drill, and the centre point of entry to the work, moves away from the crosshairs as the drill is tilted. There may be a table in the manual for the thing, indicating how much correction to apply -- there needs to be: you certainly can't just pick it up and use it on a tilt with a 30mm Forstner bit, no matter how sharp it is, as you'd have no idea where the hole would be. Anyway it would make a horrid mess of the surface without a sacrificial piece of stock, so the whole process is doubly complex.