Have you run into any issues with only have 2" of travel on the spindle?
No...here's the deal. It is what's considered a Mill/Drill, meaning that it has 2 actions that can be performed on the Z. First, it works like a drill press in the sense that it has a 2" stroke on the quill that you can operate via the handwheel on the side. Pretty much just like a drill press. What's nice is it has a DRO built in just for the quill - so doing counterbores or drilling to a specific depth is easy. The quill is ONLY for drilling. It will have too much side to side slop in it for milling. (Not that it's sloppy - just not what you'll want to do)
Second, you can move the Z down via the column handwheel. This is where you'll drop the Z/tool/spindle down to cut a deeper pass...like if you were making your own receiver or something. Works pretty well for that application.
So...When you are drilling, you lock the column down & when you are milling, you lock the quill down - so neither moves depending on what you are doing.
If you get the one I did with DRO, it does X,Y,Z plus the independent DRO on the quill for drilling depth. It's pretty sweet for a small/mid sized mill. I took a piece of Unistrut and tagged it into the side of the stand, then lagged it into one of the 4x6 posts holding up the building. It is also bolted to the floor. It makes it pretty solid.
Aside from tooling, you'll want a decent vice. The one from Grizzly fits well. I think it was about $139. I also got a depth stop and spindle lock from
LMS Very helpful for changing tools and precisely limiting quill depths. I also sprung for the X power feed. Meh...is OK, great for surfacing at a steady rate. Mine doesn't jog, but moves fast enough with the dial. They offered to take it back - I just didn't feel like dealing with shipping it back and all that. Their customer service has been top notch.