The lathe looks okay (I have a Nova DVR, but don't know that model). The Tormek is worth several hundred used, but he seems to have every option on the Tormek... the one I can read is the planer jointer guide, which by itself is worth well over $100 (or used, probably $100). That is a huge selection of chisels, which have value even if only "okay" quality. The spindle steady is an expensive option. By the time you include all the extras, it sounds like a heck of a deal.