Here are 10 cool things you can do with it other than screw screws and drill holes.
Step 1: Electric Mixer
Open the chuck, put the end of a fork in, tighten the chuck, and mix mix mix.
Step 2: Spin Art
markers, crayons, etc.
A bolt and washer
Take a few plates (3 or so) and make a stack. Poke a hold through the stack, and put your bolt through. Put the nut on the other end and hand tighten. Put the bolt into the chuck, and spin.
Step 3: Make Magic Wands
And for step six, you apply glue to decorate. This can be done by hand, but I find it way easier if you use the drill.
Jam one end of the wand onto your screw bit. Poke a screw through a box at the same height, to support the other end of the wand.
Step 4: Plant Spring Bulbs
I attached an auger bit to my drill. (We have one that came with our termite poison kit, about 1.5" in diameter)
In less than an hour, I planted 1000 bulbs. Super easy!
Just drill a hole in the ground. I found it best to pull up, while drilling down, gets all the dirt out of the hole. Drill down a few inches, repeat, put the bulbs in all the holes, and cover them up. Done!