Dear Frank,
You mad-man. You wonderful thing.
-I love your idea of the Domi-drill.
-I also dig the idea of making the domino work with the LR 32... but I'm thinking, after listening to your suggestion, that a dedicated LR32 compatible fence would be the way to go, simply to take some of the alignment issues out of the picture.
-I hear you with the idea of longer bits for templates, but I think the added length would be less stable for some uses, and also result in wider slots due to the added back and forth sweep.
-Your bench mounted idea sounds like a grand CMS... but I think that in combination with the LR 32 system, it could be even better... imagine a table with a pedal-actuated ratchet system that would lock into the holes in the LR32 rail and not only drill the holes, but feed the board along. rail gets clamped to the board, and that assembly gets mounted, rail-down, into the mechanism, with the domino under the table's surface. Pedal push down, the domino comes up. Pedal comes up, the domino retracts, and the board feeds. Obviously, the actions would have to be separate, so you're not trying to feed the domino while the board is moving. Same table, mount the domino differently from above, in drill mode, for your drill press idea.
But I'm seeing other options where there's a cable hooked into the table-specific fence. Something like a bicycle cable and housing to actuate the plunge. Why? Because the domino is mounted in a sort of over-arm bracket that's very rigid, but cantilevered in such a way that you can drill very far into the expanse of a panel, far enough that a typical drill press mechanism wouldn't be very practical. But a cable and housing idea that operates an actuating domino fence would be seriously choice.
Not only that, it would also enable you to use the domi-drill for the function you clearly thought about but didn't put down. Pocket screws. Domino mounted at an angle on the far side of this same CMS module, at an angle. hands hold the work in place, pedal goes down, cables actuate the fence, domino drills pocket holes.
{sound of racket hitting tennis ball}
Your turn. You Geeky Weirdo You.