Hi guys,
I just came across this forum and thought I could help with this topic. I seem to have found a niche as a retired electrician in doing a lot of industrial wiring in garages. Guys are buying these used CNC machines really cheap and running them on rotary type phase converters. This is where I think I can help on this thread.
If you plan on ever using any equipment over about 5 HP, just wire your shop for 3-phase. Run 3 wires and a ground to junction boxes all over the shop (should only cost you one more wire). You can use them for single phase until the day you need three-phase, then just install a converter, then a three-phase circuit breaker panel, and the rest you already did. Make sure you size the wire for single phase current and then they will be plenty big for three-phase.
My advice on the converters, run the new digitally controlled rotarys from American Rotary. Awesome, no comparison to the converters my dad used to run. I have installed probably most of them out there because my customers buy the deals on the internet and think they are all the same and I have to end up messing with them and nobody wants to pay for me to fix someone elses product. I always recommend the American Rotary now that I have installed several of them. They can also get you the three-phase breaker panels etc. too. If you are bent on building one, I am pretty sure they will sell you the components to do so, they don't advertise it, but use their stuff instead of guessing what will work.
On VFD's, they don't drop a leg, static phase converters engage the third leg for starting and then drop it out. Keep in mind that a VFD is good for one motor so if you want to power a whole shop with three-phase a rotary is the way to go. There is also a pure digital phase converter (not a vfd) which works good, but it can't do anything more than the AR digitally controlled rotary units, and you better not have neighbors that want to watch tv or listen to the radio. I have installed a few and swear that the smooth analog output of the AR rotary converters run the machines better than the pure digital. American Rotary sells both so they should have an unbiased opinion on them. Here is a link
www.americanrotary.com
Rob