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Looks like Jet has a new one, a 1440 with a Reeves drive variable speed:
http://www.jettools.com/us/en/new-products-and-offers/new-products/1440-lathe/
No mention of how many horsepower. It incorporated some nifty features, but it's unclear as to whether the lathe is really powerful enough to take advantage of all of them. For example, the dropped extension bed allows for turning bigger pieces, but unless the motor is beefy enough to handle the extra weight, it's not going to be all that useful.
http://www.jettools.com/us/en/new-products-and-offers/new-products/1440-lathe/
No mention of how many horsepower. It incorporated some nifty features, but it's unclear as to whether the lathe is really powerful enough to take advantage of all of them. For example, the dropped extension bed allows for turning bigger pieces, but unless the motor is beefy enough to handle the extra weight, it's not going to be all that useful.