Well, I went out and started drilling. Drilled the small hole for the fly in the tumbler, using cutting oil, and it drilled just fine, no problems whatsoever. So... then I turned it over to drill the screw hole. Went a short way, then started squealing and smoking and got H O T (as always). BUT, surprisingly, it was still cutting. I stopped it every now and then to re oil it and attempt to cool everything, and finally got to the bottom where I wanted to stop the hole, Yay! Just at that instant, the drill bit broke. Of course. Naturally, I can't get it out. So, I heated it all to anneal the drill bit down (hopefully it's not made of O1 too...) so I can drill it out. Hopefully. I am not particularly happy at the moment. I may have to order a solid carbide drill bit to cut it out.
I have, however come to a major life decision. I have determined that I shall NEVER, under ANY circumstances, even consider using a Siler tumbler or sear on anything ever again. It's a good design, and it's readily available, but the material is a nightmare. I've tried. And this is not just a one time event, every single solitary time I have used them over the past 15 years or so, they have given me trouble. More trouble than it's worth, really. Long time to learn a lesson, but I finally got it. I know other people have been doing them forever with no problems whatsoever. I'm happy for them, but that particular lucky star has never shone down on me.