I'm not a fan of brad points. Some here are, but I've broken the point off of more than one in hard material, then you end up grinding it back to a normal 118 degree point anyway. And I've done that with the Colt bits, and they're supposed to be very good. Also, you definitely can't sharpen brad points on a Drill Doctor, and I'm not driving 45 minutes and paying 10 bucks a bit to have mine sharpened, so that is a non-starter for me.
I have taken Don Ward's good advice and used the feature that came with my Drill Doctor all along (I really love that thing), and that's to make every one of my bits split-pointed. They start cutting immediately, without the split point you have to shove a little to get started. And split points don't wander as much. I'm sold, thanks to Don!
I'd stick with good HSS from someplace other than Home Depot and such. You won't find many sizes you need there anyway, so look for ones that fit your budget. CSUSA and other outlets sell good bits, or you can go with killer German ones from Traditional Woodworker, but be prepared to pay for them.
Hope that helps.
Dale