The problem with building your own mill, is when you start with something as tiny as a Taig (200 ounce servos, 1/4 inch chuck, belt drive), the hardest you can cut is 6061 aluminum (and that is making chips no bigger than 1/32 of an inch...can you say sloooooowww). This is what the head of my current mill is made and I am still belt driven.
I can cut some steels (not tool steel), but it is slow (just like cutting 6061 on the Taig) and I am in that process so I can make the next mill head and it will be able to merrily cut anything I want, in a timely fashion, as I will switch to full gear drive, 1/2" chuck, and better material for gusseting of the frame.
The hardest material I will need to cut is stainless steel and I should be able to cut it like butter with the next mill revamp.