It's certainly not a necessity for me, but I have been interested in tinkering with one for as long as I can remember so I have been patiently waiting for the stars to line up. What helped, I scored a deal on an item earlier the same day that when sold, should cover the costs of both it and this lathe, plus I turn the big 4-0 at the end of the month so it's also kind of early a present for myself too.
sumner52000, put it on the list now, just not high priority. If you keep an eye out for one, you will run into a deal eventually. If you wait till you really want/need one and it will be impossible to find
hdshinn, I'm looking forward to finding out about the four jaw as well. Any suggestions on how to test for alignment?
ChevyEFI, thanks for stopping in!
Steevo, thanks for the link, I just registered. Also PM'd you, seriously thank you for any info you have on these.
454ragtop, Thanks I will check out that group.
d.mcfarland, everything made back then was made with style. It's art whether is working or just sitting there.
87Pomona, don't be jelly, they way you run into deals I can see you picking one up soon!
1953mercury, your lathe looks great, do you have a resto thread? Also, I keep reading quick change gears and I see the label on the lathe but it means as much as reading "fourmatic" on a Benz.

Sounds cool but I have no idea wtf it does.
e-tek, idk what I will make with it but I can think of ten times last year I wish I had one to do something I was doing. I'm sure I will find something to make on it, when I figure out all the buttons and knobs... btw, I bought a press a while back too but after about 6 mos of no use, I sold it for a profit so I could get some more wanted/needed tools. Presses are a dime a dozen around here compared to lathes, I can always pick up another press.
lowbucktruck, thanks, I knew it was a deal but didn't realize it was **** worthy!
jeffmoss26, thanks for stopping in Jeff!
Cedge, thank you for the link, small engines etc interest me!
mrbreezeet1, I read some of the yahoo group, need to look at it again when I get some time thanks.
V70R, hs shop class was probably the last time I was this close to a lathe, unfortunately back then I was more into chasing women than machine working.
Outlawmws, this one does have a lot of room between the bed and wall due to the motor. Post up pics of the pro model if you don't mind, I would like to see how it's made.
Provincial, thanks for the info is there a way of knowing the exact year of production? The older guy I bought it from said it was his fathers and that his father used it primarily for facing aluminum parts he cast himself. The son inherited it 20yrs ago and used it once to make a wood plug. He said he had to put this new motor on it to do that one job, wish he had kept the old motor too, oh well.
ducksface, thanks for stopping in. You guys need to post up some things you have made with your lathe so I can get inspired!!