I haven't used a HF drill press in like 15 years, but when I had one it had pretty bad runout. Bad enough that holes under 1/8" or so in anything other than pine would break the drill bit. Depending on what you're doing that may be a show stopper. But HF has gotten a lot better in the intervening years. I will say that where they tend to cut corners is in the chuck, so if yo buy a cheap drill press, and it doesn't work for you, you
may be able to put a good chuck on it and save it.
IME $200 is pretty low for a decent floor drill press, new, and if you have the floor space floor models are WAY better. Way easier to use, more versitle, and safer (when bolted down. You are going to bolt it down, right? floor or bench, it needs to be secured).
Grizzly has this one on sale right now, that appears pretty stout:
https://www.grizzly.com/products/shop-fox-34-floor-radial-drill-press/w1670I can't get to HF on this computer, but looking at my phone they have a 20" Production Drill press with a $200 off Inside Track Coupon, bringing it down to $500, which looks like a pretty solid deal. Item# 39955
Whatever you decide, when you're looking at them runout on the CHuck is the single biggest thing to look at. That's what will make holes the wrong size, in the wrong place, and break drill bits. If looking at a used one chuck the longest drill bit you have in it and turn it on to check for runout indicating a worn chuck, arbor, or bearings.