my $.02
I have used drill motors for quite a while now on my robot Walter. I have gotten them to work, and they work well but I would not recommend them. First off, they are way too fast. I use a chain drive (reduced twice) coming from the drill. I start with a 3:1 ratio going to a 7:1 ratio then a 12" wheel. The motors are DeWalt 14.4v drills running on a 12v SLA. Even with this double gearing, and the drills in the “low” gear, the robot can still do almost 5’ a second. If you go with drills, you MUST use a secondary gearing-down of some kind.
Next is the current draw… The DeWalt’s are quite happy just driving around. On average they pull about 4-6 (maybe 8) amps each. Now, when you throw a chain and lock the drills up, they turn into little arc-welders. We are talking about incredible juice here --somewhere in the 60A (yes, sixty amps) range. Fuses are your friend.
Lastly, drills are much more efficient going forward. Because one motor will always be going “backward”, in that it is on the “other” side of the robot, you will be in a constant state of trying to keep them balanced. This offset changes quite a bit as the battery level drops so if you want your robot to go straight, encoders are a must as well as code that can be used “in real time” as the robot travels to keep everything straight.
Have I talked you out of it yet? --If you end up going this way, please get a hold of me. I have figured out most if not all of the tricks needed to get these guys going and I can save you from tearing your hair out.
My suggestion would be to go ahead and drop the $150 or $200 on wheel chair motors from Ebay. A small investment up front here is going to save you a lot of agrivation in the long run.
Oh, and did I mention fuses? Whatever system you chose, USE THEM!!! Use a main fuse or a fuse on each motor, whatever you want --just be sure you use them. And buy spares!! The truth is that you will be working on your robot, blow a fuse without a spare and to keep working, you will stick a paperclip in there. Soon after, you robot and/or house will be on fire. Fuses, fuses, fuses.