I didn't build an overhang either, but instead used longer bolts to attach the press to the frame as well as the top of the bench. x2 on the pegboard.
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I didn't build over hang into mine and had to use extra-long bolts and counter sink them underneath the table. I like the pegboard and someday will get around putting a chunk on mine. You can get the Lowes bulk pack of peg board hooks and find all types of stuff to stick up there.
Welcome to the brotherhood.
Nice pair of holsters you have there. I hope you're getting some use out that black one for the .45 Colt.