A simple (and cheap) arduino based mini CNC

Nice simple CNC build from CDROM drives.  Its not the prettiest, but the write up is good and it runs.  I like one of the comments that references a cheap bit holder (collet) here.  Would I build one of these?  Its on my list.  I have all the parts, just need time.

http://www.instructables.com/id/Small-Arduino-CNC/

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