[pugsley]

If you have a look at the holders,You should have a 32mm (1 1/4")boring bar holder??(round hole),I made a simple adapter that fits that holder and has a taper to mate up to the taper on a morse chuck.Works great for drilling-tapping.Just clock up the bore of the holder and call that "X0." in the set up.
Works for me just make sure the relevent canned cycles are active.