The hole would have no metal to cut the threads in if the hole were drilled the same diameter as the tap.
It should NOT be sharpened . If anything,you can drill better holes in acrylic if the bit is slightly blunt.
An SDS hammer drill is an electric drill that hammers the drill bit in and out slightly as it drills with it. This type of drill is mainly used to make holes in concrete or masonry, and is able to do so easier than a regular drill and bit are.
You can drill holes in aluminum with a drill as long as you have the proper drill bit. Use a regular drill bit and keep speed moderate.
A drill makes holes in things.
To drill holes
The Drill Press is used for drilling holes in various materials.
You can use a standard HSS drill bit with the edge slightly dulled with a grinder so it does not 'break through' at the outside edge. -Drill slowly and hold the drill steady. I always put a piece of smooth scrap wood at the point where the drill bit is going to come out.
Drill bits are for fitting into a drilling machine to drill holes.
Drill bits are for fitting into a drilling machine to drill holes.
You need to re-bore the existing holes or drill new holes. :) Simplest solution: Use self-threading screws slightly larger than the original screws.
You can drill very accurate sized holes, you can drill very large holes with the use of hole saws, you can drill many identically placed holes, with use of jigs you can drill holes in many sheets of thin materials if clamped together, you can drill large holes in very thin materials with use of a fly cutter, you can drill holes to a precise depth with Forstner bits. you can mill things flat with milling bits and many more things - a drill press is a very versatile machine
A pillar drill is used for larger holes, more exact placing of holes, or drilling repeated holes with a jig to insure uniformity.