I started out with one. Had it only 14 months. As a lathe, I found the "Dead" tailstock, and the original tool rest and banjo a pain. The tailstock burned into the wood and the tool rest adjustment had limited movement, which, sometimes left the tool extended too far over the tail rest to be safe.
Since I sold mine (a 500 updated to 520) they have improved live centers for the tail stock and a new tool rest/banjo available that I'm told is very good.
You should be able to let some chips go flying!
PS: if no one else mentioned it, the tools are Carbon Steel. Keep some water around to cool the tools while sharpening.
Last edited by Bruce Shiverdecker; 01-02-2010 at 03:48 PM.
Bruce Shiverdecker - Retired Starving Artist ( No longer a Part timer at Woodcraft, Peoria, Il.)
"The great thing about turning is that all you have to do is remove what's not needed and you have something beautiful. Nature does the hard part!"