Powermatic 1150a Motor Swap

I will be picking up a Powermatic 1150a drill press on Monday but the problem is that it has a 3 phase motor. I, like many others, do not have 3 phase power in my home. I was contemplating between buying a rotary converter and swapping the motor out to a 1 phase. I came across a Powermatic 2800b single phase motor and wanted to know if it would be a direct swap. I would rather go this route seeing as it's a single phase plus it's 1 HP and the 3 phase motor is 3/4 hp. If this motor isn't a direct swap, can anyone recommend a motor that is? Thank you for your help.

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Powermatic 1150a Motor Swap