I need to make a counterbored hole for a 8-32 X 1/2" socket head cap screw and im not quite sure which size to choose in the hole wizard.
then choose hole depth of at least 1/2" or "up to next".
awesome, this was very helpful. Im assuming same thing for 1/4-20" x 1/8"
Normal, the way you have it shown on the pics, will be sufficient in most cases.
Introduction to the Hole Wizard in SolidWorks - YouTube
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