Most LFS charge $35 or so for drilling a tank, not including bulkheads. Also, there is never a guarentee that they won't crack the tank. If they do, tough for you. I have used overflow boxes for years without any problems and have never ever had a flood. The key is to get the proper size siphon tubes. If you get too large a flow capacity in your siphon tubes, you're likely to get air bubbles trapped in the tubes and eventually, your siphon will fail and you will get too much water up top. On the other hand, if you get tubes that are too small, you will get the same result. However, if you size the tubes correctly, you won't have any problems. In the event of a power failure, it shouldn't result in any flooding, as your sump should be properly sized to handle the tank level dropping however far your siphon box is set to. Drilling is nice if you plan ahead, but overflow boxes also take up a little less room than an internal drilled overflow box, and are not as noisy as a drilled overflow that goes direct.